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Mortgage refinance demand surges 27% as interest rates drop for the third straight week
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.67% from 6.69%.
Mortgage Rates Inch Up After Declining Most of the Last 3 Weeks
After sinking most of the last three weeks and dipping to a 7-week low, 30-year mortgage rates have ticked up slightly. Rates moved higher for many other loan types as well.
US 30-year fixed-rate mortgage falls to 6.60%
U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The average rate on the popular 30-year fixed-rate mortgage fell to 6.
Mortgage Rates Drops For Third Consecutive Week
Mortgage rates, or interest rates on home loans, dropped for the third consecutive week, according to mortgage provider Freddie Mac
30-Year Mortgage Rates Edge Higher for Second Day
After sinking most of three weeks and notching a 7-week low, 30-year mortgage rates have ticked up the last two days. Rate movement for other loan types was mixed.
Current Mortgage Rates: December 12, 2024
Freddie Mac’s benchmark rate for a 30-year mortgage averaged 6.60% for the week ending December 12. It’s the third consecutive week the rate has decreased.
34m
on MSN
How could HELOC rates change after the December Fed meeting?
The final Federal Reserve meeting of 2024 is set for next week. Here's what it could mean for HELOC interest rates.
3h
Fed expected to cut interest rates despite rising inflation. Here's why
The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed ...
9h
on MSN
Are negative interest rates about to make a comeback? One banker says it’s possible
The Swiss central bank as well as the European Central Bank, the Bank of Japan, Sweden’s Riksbank and Denmark’s Nationalbank ...
8h
on MSN
ECB, Fed Are Both Expected to Cut Rates. But Their Economies Have Very Different Outlooks.
President-elect Donald Trump's tariffs and political crises in France and Germany have darkened the outlook for the euro area ...
10h
Today's Mortgage Rates | Rates Are Flat, Even as Inflation Ticks Up
These are today's mortgage and refinance rates. Mortgage rates haven't moved much this week in spite of last month's higher ...
Reuters
21h
Traders add to bets the Fed will keep cutting rates next year
Dec 12 (Reuters) - Traders of interest-rate futures that settle to the Federal Reserve's policy rate added to bets the ...
8h
on MSN
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern ...
12h
Home equity rates fall across the board ahead of the Fed’s next meeting
Chief among them: changes to the Federal Reserve’s monetary policy. New home equity loans and HELOCs are tied to the prime ...
1d
on MSN
Bank of Canada cuts rates by 50 bps, frets over possible Trump tariffs
The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday and indicated that further cuts would ...
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