After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types ...

The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...

On Wednesday, the Federal Reserve announced its third interest rate cut of 2024. When the Fed pivoted to cutting interest ...

The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed ...

The Federal Reserve implemented its third consecutive rate cut of 2024 today (December 18), reducing its benchmark federal ...

In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...

Average 30-year mortgages have climbed to around 6.7% since the Fed started lowering rates in September. And they are only ...

HELOC rates again came in lower this week, with the the $30,000 home equity line of credit dropping to an average of 8.36 ...

Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.

in anticipation of the first interest rate cut since March 2020. Therefore, mortgage rates might not do "anything particularly dramatic" in the face of the Fed's actual meeting, he said.

In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...