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Mortgage Interest Rates Today, May 4, 2024 | Rates Drop as the Job Market Cools
These are today's mortgage and refinance rates. Mortgage rates have gone down slightly this week in response to softer-than-expected labor market data.
Mortgage Rates May 2024: Housing Market Prediction for This Month
H ousing experts say mortgage rates are likely to hover in the 7 percent range in May, amid elevated inflation that is keeping the Federal Reserve from reducing borrowing costs. The high cost of home loans may keep buyers at bay as they await the decline of rates before they can make the leap toward homeownership.
Secondary mortgage market adjusts to higher-for-longer rates
A range of experts across a variety of secondary mortgage market sectors offered their thoughts on the market dynamics at play.
Mortgage Interest Rates Today, May 3, 2024 | Rates Inch Down but Remain Above 7%
These are today's mortgage and refinance rates. Mortgage rates ticked down a bit, but they remain elevated. Rates could drop later this year as inflations lows.
Mortgage rate forecast for May 2024: No break for homebuyers
As homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a 30-year fixed loan, the average rate was 7.39% as of May 1, according to Bankrate’s survey of large lenders,
Labor market report is good news for mortgage rates
Friday's jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.
3h
Mortgage-bond funds haul in billions in April
Investors poured billions of dollars into mortgage-backed securities funds in April, including a one-week haul of $2.25 ...
26m
on MSN
High mortgage rates didn't put a lid on home prices, but soaring insurance costs might, real estate experts say
Real estate experts said that though they aren't the top driver of home prices compared to mortgage rates or housing ...
2d
10yr/Mortgage Ratio Implies Market Rise Coming
The next recession will not occur till consumer delinquencies on credit cards and loans reach levels indicating a fragile ...
8d
on MSN
Mortgage rates climb for fourth week in a row, taking ‘the wind out of the sails’ of the housing market
Mortgage rates rose for the fourth week in a row in yet another blow to housing affordability. The 30-year fixed-rate ...
10h
Slow moving second-hand home market a drag on mortgage lending
Mover mortgages have fallen substantially over the past year due to a lack of options for people looking to ‘upsize’ ...
CBS News
1d
What are today's mortgage and mortgage refinance interest rates?
If you're in the
market
for a new home, or thinking about refinancing your home, you've likely come across some hurdles. Today's high
mortgage
rates and a limited supply of homes on the
market
...
1d
Invesco Mortgage Sell Rating: Financial Challenges and Market Volatility Risks
Bank of America Securities analyst Derek Hewett maintained a Sell rating on Invesco Mortgage (IVR – Research Report) today and set a ...
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