Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Is the Fed interest rate pause good for mortgage rates?
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.
Mortgage rates are stuck at 7% as Fed holds steady on interest rates
Mortgage rates are largely stuck at 7% for the time being. The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate barely budged following the Fed’s announcement,
Mortgage Rates Holding Near 2025 Low
Friday, ending the week just a few basis points above their lowest level of the new year. Many other loan types also saw steady averages.
Mortgage Predictions Weekly: What Fewer Fed Cuts Mean for Homebuyers
Even the Federal Reserve, which sets a short-term benchmark interest rate for lenders, only indirectly impacts the mortgage market. The Fed is expected to hold interest rates stea
Mortgage rates saw their first drop in six weeks — and this is the No. 1 mortgage provider in January 2025
We analyzed mortgage reviews on 10 major financial sites to find out which providers landed on the most “best mortgage” lists
Today's Mortgage Rates | What This Week's Fed Meeting Means for Mortgage Rates
These are today's mortgage and refinance rates. The Fed isn't expected to cut rates this week, but we may see mortgage rates fluctuate anyway.
Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
America's Largest Mortgage Giants May See Major Change, Investors Predict
President Trump wants to privatize Fannie Mae and Freddie Mac. A survey shows nearly half of investors expect it by 2028.
With Mortgage Rates Near a 4-Week Low, How Much Would Your Monthly Payment Be?
Mortgage rates are up just a couple of basis points since last week, keeping them near their post-Christmas low. Rates on new ...
Bill providing one year of mortgage relief for L.A. fire victims moving forward
A.B. 238, which would make it easy for victims of the Los Angeles County wildfires to get mortgage relief, will proceed ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
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History of monthly mortgage payments: Comparing costs then and now
Yet, mortgage payments rose 50 years ago, too. Between 1971 and 1981 — also boosted by prices and rates — the typical monthly ...
Map Shows 10 States With Lowest Mortgage Payments
The states with the cheapest mortgage payments are concentrated in the Midwest and the South, according to a recent Realtor.com report.