Mortgage Rates Rise to 6.79% in the Wake of Trump's Presidential Victory
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Mortgage rates continue to rise
Average mortgage rates have increased for a sixth straight week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortga
Mortgage rates rise for fifth straight week
Mortgage rates moved higher for the fifth straight week, pushing the average rate for a 30-year fixed-rate mortgage to 6.72% and the 15-year note to 5.99%.
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
Why mortgage rates are still high after a Fed cut — and likely won't go down anytime soon
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the foreseeable future, experts say. A combination of better-than-
U.S. mortgage rates jump for sixth straight week
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.79% for the week ending Nov. 7 — up from 6.72% last week.
Innovative strategies help buyers achieve below 5% mortgage rates
Buyers are finding innovative ways to secure a lower mortgage rate, but sellers are also coming up with financing solutions,' ...
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
U.S. mortgage rates climb for fifth straight week
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.72% for the week ending Oct. 31 — up from 6.54% last week.
Interest rates are going down. But mortgage rates are going ... up?
The housing market continues to befuddle economists and policymakers who expected high rates would slow buyer demand and cool ...
30-Year Mortgage Rates Holding at 4-Month High
After ticking up for two days, rates on 30-year mortgages kept steady at their most expensive level since early July. Rate ...
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Mortgage Rates Inch Closer To 7%
Long-term mortgage rates continued to get closer to 7% on Thursday. Today, Freddie Mac reported 6.79% as the average on a ...
Mortgage Rates Today, Nov. 11: Median Rate Stays at 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Trump victory leaves Wall Street giddy
Trump victory hands hedge funds $1.2bn win from bet against renewables Last week Donald Trump defeated Kamala Harris in the US presidential election, sealing an improbable comeback that is expected to ...