A Fed rate cut looks likely for December 10. Here's why mortgage interest rates may drop before that's announced.
The Federal Reserve’s latest rate cut won’t immediately lower mortgage payments for homeowners — but it could set the stage for cheaper borrowing as mortgage rates fall to their lowest level in ...
Mortgage rates jumped higher this week, with the 30-year fixed rate averaging 6.37%, up from 6.29% the previous week, according to Bankrate’s latest lender survey.
After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The ...