30-Year Mortgage Rates Show Largest One-Day Decline in 3 Weeks
Back in January, the 30-year average jumped to 7.13%, its highest level since October. So today's rates are still significantly improved vs. two months ago. They're also nearly 1.25 percentage points cheaper than the historic 23-year peak of 8.01% reached in October 2023.
Mortgage rates remain rangebound but a rapidly deteriorating economy suggests some would-be buyers will simply stop trying.
The Federal Reserve kept interest rates unchanged on Wednesday, indicating mortgage rates would likely stay stable in the ...
Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market ...
current second home mortgage rates can significantly impact your finances. These rates are typically higher than primary residences due to the additional risk posed by second home ownership.
Mortgage rates are likely to stay above 6% through 2026, according to a Wells Fargo report that showed continued pressure on ...
But Robert Dietz, chief economist at the National Association of Home Builders, says policy uncertainty is the industry’s ...
Mortgage rates surged to decades-high levels as home prices hit historic peaks amid fierce demand and scant inventory, shutting the door on many would-be buyers. Though multiple factors impact ...
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