Tag: Mortgages

Average 30-year mortgage rate snaps 3-week slide

The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent...

The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you

NEW YORK -- The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages...

Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past...

Economists' 2025 housing market forecasts largely call for mortgage rates to stay above 6% next year

LOS ANGELES -- Home shoppers hoping for more attractive mortgage rates next year may be disappointed.That's the takeaway from several economists' 2025 housing...

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective...

Average rate on a 30-year mortgage in the US falls to 6.69%

The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October.The rate...