News

The Fed is expected to cut rates. Don't expect mortgage rates to follow.

A funny thing happened when the Federal Reserve began cutting interest rates last fall: Mortgage rates actually rose. Now, the central bank is gearing up to cut benchmark interest rates again, and ...

Federal Reserve's Cuts May Not Lower Mortgage Rates, Analysts Warn

Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
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Adjustable-rate mortgages are making a comeback

According to the Mortgage Bankers Association, the number of ARM applications jumped 25% last week, to their highest level in ...

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

Mortgage rates have made a 'substantial improvement,' economist says — here’s what to know

Many homeowners refinanced their mortgages at the start of August as interest rates lowered. Here's how to know if it's time ...

Major banks move to slash interest rates on home loans and savings accounts after RBA cut

Australia’s big four banks were quick to announce they were passing on the rate cut in full, but keen observers could be ...

Mortgage Applications Today: Lower Mortgage Rates Fuel Demand for Home Loans and Refinancing

Various types of home loans are seeing an increase in applications on the heels of mortgage rates inching lower.

Here’s How Much You’ll Pay in Mortgage Interest in These 15 Cities — Is Buying a Home Still Worth It?

Mortgage interest costs vary widely across 15 cities—see where buying a home could still be a smart move, and where renting ...