Mortgage Rates Continue Climbing Streak
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Mortgage rates remain high, leaving homebuyers weighing whether to act now or wait for potential relief. Melissa Cohn, regional vice president at William Raveis Mortgage, explains how Federal Reserve signals,
6 things that impact mortgage interest rates ... Conversely, when yields rise — typically due to investor optimism about the economy — mortgage rates tend to rise as well.
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments. Refinance activity declined 7%, while purchase app
Since mortgage rates are highly sensitive to fiscal policy and supply chain shocks, a global trade war could impact their direction. For example, if the official inflation rate does increase due to tariff-induced price hikes, the Fed could further postpone rate cuts, and mortgage rates could increase.
We talked to three mortgage loan officers to get their takes on what could impact rates this fall. Below, we gathered what they had to say and what it could mean for your homebuying plans.
Happily, the answer is yes: the 2024 election will impact mortgage rates, though not immediately. That’s because mortgage rates are influenced more by macroeconomic factors than political factors.
Mortgage rates appear to have plateaued after several weeks of steady downward movement. On Tuesday, 30-year conforming rates were at 6.79% and 15-year conforming rates were at 6.58%, according to ...
30yr fixed rates are still in the 7% range, but if the week's remaining economic data were to be as downbeat as JOLTS, that could change. Just be aware that surprises can occur in either direction ...