Recent interest rate reductions have caused many people to consider purchasing a home. According to the real estate information company Zillow, that trend will continue in the new year. Here are the predictions from experts who keep their eye on the real estate market: The Federal Reserve reduced the interest rate 3 consecutive times in 2024,
Portra / Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September,
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
VioletaStoimenova / Rates on 30-year refinance loans dropped another 2 basis points Tuesday, nudging to average down to 7.05%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September,
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is still running strong.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
The Federal paused rate cuts after its first meeting of the year — here's what that means for your credit card, mortgage rate, auto loan and savings account.
The Fed held interest rates as expected, at 4.25% to 4.5%, with the open question of how long this pause would continue. As economic data and the Fed respond to the new administration’s policy announcements,
These are today's mortgage and refinance rates. The recent tech stock sell-off helped mortgage rates inch down this week.