Each point costs 1% of the purchase price of a home and usually knocks the rate down by 0.25%. On a $400,000 home, you'd pay ...
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be ...
The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% ...
There was a notable increase in such applications between September and November last year, said an expert. Read more at ...
Latest market pricing suggests interest rates could fall quickly at the start of 2025, but the outlook from there is far ...
The new year has started with rising mortgage rates. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year ...
2024 was a disappointing year for those looking forward to a Fed rate-cut cycle and what that could do to mortgage rates. A ...
The average rate on a 30-year mortgage is now the highest it’s been since the week of July 11, when it was at 6.89%. It ...
Many economists forecast the average rate on a 30-year mortgage to remain above 6% next year, with some pegging it as high as ...