Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
The 30-year rate rose for the seventh week in a row, after Donald Trump won the presidential election and the Federal Reserve cut its interest rate by 25 basis points. Back To Top
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Mortgage experts agree that the right time to lock in a rate depends on your situation. Making your move later this month could offer some advantages. But your timeline, financial readiness and local housing market should guide your decision. The choice isn't just about getting the lowest rate — you must find the right balance for your needs.
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response ...
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms climb to 6.25%
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
9NEWS1d
Interest rates keep going down but mortgage rates aren't following suit. Here's why
Let's connect the dots. The average 30-year mortgage rate is sitting near 6.8% this week. In fact, the average rate has ...
Understanding The Future Direction Of Mortgage Rates
To better understand the future direction of mortgage rates, we need to understand what factors influence them.
How Mortgage Rates Will Change in 2025, According to Experts
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.
Highest Mortgage Rates Since July Didn't Hold Back Home Buyers
Mortgage rates reached their highest level since July, but it didn’t deter homebuyers as purchase applications increased.
Lock in a mortgage rate after the Fed cuts? This might be your last chance
The Fed's quarter-point cut was widely expected by economists. Mortgage rates generally follow the path of that benchmark rate – but not recently. When the Fed met in September, it cut rates by 50 ...
NBC News3h
Mortgage demand stalls as financial markets digest Trump presidency
according to the Mortgage Bankers Association’s seasonally adjusted index. While tiny, the increase marked the first rise ...