Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Mortgage experts agree that the right time to lock in a rate depends on your situation. Making your move later this month could offer some advantages. But your timeline, financial readiness and local housing market should guide your decision. The choice isn't just about getting the lowest rate — you must find the right balance for your needs.
What November’s Fed Rate Cut Means for Mortgage Rates and Potential Homebuyers
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming months.
Average rate on a 30-year mortgage in the US rises for 6th straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July.
It Will Be Hard for Fed to Keep Cutting Rates After December, Furman Says
Jason Furman, former chairman of the Council of Economic Advisers, says he expects the Federal Reserve to cut rates again in December, but after that, the pace of cutting will slow down. He's on "." (
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
The Federal Reserve has issued another cut to its benchmark interest rate, but unfortunately for homebuyers, it won't translate to lower mortgage rates in the short term. As expected, the Fed cut its policy rate by a quarter-point on Thursday,
Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Minneapolis Fed president says another interest rate cut in December is "certainly possible"
Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" but "we want to have confidence that inflation is going to go all the way back down to our 2% target.
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Why mortgage interest rates may drop again this week
It's been a long, bumpy road for homebuyers in recent years. Mortgage interest rates plunged in 2020 in response to a cut ...
Fox Business6h
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms rise to 6.13%
Credible is solely responsible for this content and the services it provides. The median interest rate on a 30-year fixed ...
USA Today5h
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
"The next few weeks will be telling," Smoke said. Consumers could see lower interest rates, he said, over the next six ...
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
The Spokesman-Review17h
Mortgage rates fell, then rose. What comes next?
Mortgage rates fell steadily from this spring through September, as economic data slowed and as investors began to expect a ...
Interest rates are going down. But mortgage rates are going ... up?
Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief.
America's prospective homebuyers absorb harsh reality: Mortgage rates probably aren't coming down for a while
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the ...