Rates on 30-year mortgages ticked up a minimal 1 basis point for a second consecutive day Monday, after a large drop last week. The flagship average now sits at 6.85%, just barely above the cheapest ...
Seattle-based WaFd Inc. (Nasdaq: WAFD) and its subsidiary WaFd Bank surprised the finance industry in January with a sudden ...
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...