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Mortgage Rates Rise to 6.44%, Yet 'Buyers May Be Feeling Ready To Act'
Most outstanding mortgages have a 6% or lower rate, which creates a " lock-in effect " for many current owners who don't want to swap a low rate for a higher one. This could limit homeowners’ willingness to sell, slowing or stalling the housing market.
‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
Mortgage rates rose for the third week in a row as the U.S. economy continued to show signs of strength. The 30-year mortgage rate jumped to the highest level since mid-August, averaging 6.44% as of Oct.
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates have jumped, despite the Federal Reserve cut interest rates by a half-point last month. For homebuyers, the ever-shifting rate environment can foster uncertainty: Is it better to wait for mortgage rates to fall,
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August.
Why Mortgage Rates Went Up After the Fed’s Big Cut
What’s the link between benchmark rates and home loans?
Why are mortgage rates rising after Fed cut interest rates last month?
The Fed announced first rate cut in a long time last month, but the mortgage rates have continued to rise. Why is this? Here's why.
Mortgage rates climbing despite rate cuts
ABC's Alexis Christoforous reports on the latest housing market as mortgage rates continue climbing, even after the Federal Reserve cut interest rates.
The surprising reason mortgage rates are up despite interest rate cuts
Related: Dave Ramsey explains how your mortgage is key to early retirement. If Kamala Harris wins, mortgage rates are expected to stabilize or even fall due to her proposed home-b
12d
Freddie Mac opens up to Meridian again — but with a catch
Ralph Herzka’s firm can broker deals that pass through the government-sponsored enterprise, but there are strings attached.
11h
Treasury Yields Snapshot: October 18, 2024
The yield on the 10-year note ended October 18, 2024 at 4.08%, the 2-year note ended at 3.95%, and the 30-year at 4.38%.
Commercial Observer
12d
Freddie Mac Lifts Agency Dealmaking Ban on Meridian Capital Group
CEO Brian P. Brooks announced in a company memo that the brokerage can place deals through Freddie Mac beginning in January ...
12d
Mortgage Broker Meridian Will Be Freed From Freddie Mac Ban
Mortgage broker Meridian Capital Group will be freed from a Freddie Mac ban months after Freddie stopped buying loans handled ...
7d
Freddie Mac Reminds Homeowners Impacted by Hurricane Milton of Mortgage Relief Options
Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those ...
22h
Mortgage Rates Today, Oct. 21: Median Rate Remains 6.63%
As of Oct. 21, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
Opinion
The Daily Record (Maryland)
7d
Opinion
Meridian Capital Group scheduled to reenter Freddie Mac loan market
Meridian Capital Group announced Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning Jan.
ConsumerAffairs
4d
Mortgage rates increased again this week
Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) increased again this week, ...
Mises Institute
4d
A European Fannie/Freddie?
Two government mortgage companies, Fannie Mae and Freddie Mac, were central to making US house prices widely unaffordable.
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