For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...
Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.
One of the first things you may want to consider when choosing a mortgage loan or refinancing is your preferred loan term. Shorter terms (15-year loans) generally offer better interest rates than ...
Mortgage rates are up just a couple of basis points since last week, keeping them near their post-Christmas low. Rates on new ...
Over 40% of U.S. mortgages were originated in 2020 and 2021, when interest rates were at record lows. There were also some 14 million mortgage refinances during the same time. If you were lucky ...
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...
The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate ...