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Mortgage rates continue to climb despite cuts by Fed

New York Post on MSN · 1d

Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts

The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.

Mortgage rates continue to climb despite cuts by the Fed: Here’s why

Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.

Wall Street Journal · 2d

Mortgage Rates Rise to Highest Since August

Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.

Business Insider · 2d

Mortgage Rates Continue to Increase

MCLEAN, Va., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.44 percent.

Mortgage rates were supposed to come down. Instead, they're rising. Here's why

Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.

2don MSN

‘A disappointment to home buyers’: Mortgage rates surge to a two-month high

Mortgage rates rose for the third week in a row as the U.S. economy continued to show signs of strength. The 30-year mortgage ...

2don MSN

Mortgage rates march higher for third straight week

Mortgage rates climbed again for a third straight week, further dinging demand as the housing market continues to suffer from ...

ConsumerAffairs1d

Here's why mortgage rates are going up

What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but ...

Banker & Tradesman1d

Mortgage Rates Hit Highest Level in Eight Weeks. What Gives?

The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight ...

1d

Mortgage Rates Tick Higher Across Most Loan Types

Rates on 30-year new purchase mortgages ticked up Thursday, increasing the average to 6.55%. The previous day's average ...

2d

Mortgage rates spike for third straight week while buyers grow cautious

Higher mortgage rates mean fewer buyers and refinancers are moving forward with transactions. The average on a 30-year loan ...

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