US mortgage rate drops

Mortgage, rate

How far will mortgage interest rates drop this week?

The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.

Bloomberg L.P. · 1d

US Mortgage Rates Drop to Two-Year Low Ahead of Fed Rate Cut

US mortgage rates declined last week to the lowest level since September 2022 in anticipation of Federal Reserve interest-rate cuts, stoking an influx of applications for home purchases and refinancing.

Backgrounder

The Washington Post on MSN · 1d

What the Fed’s rate cut means for consumers, businesses and investors

The Federal Reserve is poised to cut interest rates for the first time in four years. Here are some key ways it will trickle down to businesses and consumers.

CBS News on MSN · 1d

Here's how the Fed's big rate cut affects mortgages

The Federal Reserve slashed rates by an unexpected 50 basis points today. Here's how that could impact mortgages.

CNBC · 1d

What the Fed rate cut means for mortgages, loans and credit cards

The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to consider.

CNN · 1d

Jumbo-sized rate cut: Fed slashes rates by a half percentage point

In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut since Covid.

Boston.com · 4h

The average 30-year mortgage rate has fallen to its lowest level since February 2023

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, also eased.

Reuters · 4h

US 30-year fixed-rate mortgage falls to 6.09%

U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the Federal Reserve cut interest rates for the first time since 2020.

AOL · 4h

Mortgage rates inch closer to 6% following Fed rate cut

The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over the last few months in anticipation of the Fed rate cut that came Wednesday.

U.S. News & World Report1mon

US 30-Year Mortgage Rate Drops on Weak Jobs Data, Fed Rate-Cut Signals

The average contract rate on a 30-year fixed-rate mortgage dropped 27 basis points in the week ended Aug. 2, to 6.55%, the Mortgage Bankers Association said on Wednesday. That was the lowest ...

Reuters1d

US 30-year mortgage rate falls to two-year low of 6.15%

The average contract rate on a 30-year fixed-rate mortgage dropped 14 basis points in the week ended ... about inflation 10:26 PM UTC · Updated ago Macro Matterscategory US borrowers get quick ...

What will a US interest rate cut mean for me?

It will influence mortgages, credit card and saving rates for millions of people in the US - and even around the world.

16hon MSN

What does interest rate cut mean for Arizona’s housing market?

The Federal Reserve cut interest rates by an unusually large half-point, so here's how it'll impact Arizona's home-buying ...

Insurancenewsnet.com1mon

US 30-year mortgage rate drops on weak jobs data, Fed rate-cut signals

The interest rate for the most popular U.S. home loan ... the government-sponsored mortgage finance company. Only 17% of respondents said it was a good time to buy a home, down from 19% in June ...

Mortgage Rates Are Coming Down. When Does It Make Sense To Buy Or Refinance?

Borrowers are finally starting to see signs of hope. Mortgage rates are at their lowest point in 18 months—and expected to ...

3don MSN

Fed Meeting Highlights Economic News With a Cut in Interest Rates Teed Up

The central bank will almost certainly lower interest rates when it concludes its meeting on Wednesday. But there is still ...

1don MSN

If interest rates go down, do home prices go down? Not quite.

Until March 2022, the US enjoyed historically low interest rates. This allowed Americans to lock in an average mortgage ...

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