What November’s Fed Rate Cut Means for Mortgage Rates and Potential Homebuyers
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...
Lock in a mortgage rate after the Fed cuts? This might be your last chance
The “Trump trade” is likely to keep rates for home loans rising, despite the Federal Reserve's Thursday rate cut, experts say ...
Crain's New York9h
Queens mall owner digs deep to refinance $525M mortgage
Queens Center in Elmhurst is one of the nation’s best-performing malls, Fitch Ratings says. In the year ending last March its stores reaped more than $425 million in sales, or $1,739 per square foot.
Axios Detroit on MSN15h
Mortgage-free homes rise in Michigan
Axios Visuals The share of mortgage-free homes continues to reach new highs in Michigan, according to the latest census data. The big picture: Many Baby Boomers own their homes outright because they ...
News Tribune16h
Average rate on 30-year mortgage in US jumps to 6.79 percent, rising for sixth straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since ...
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
Average Rate on a 30-Year Mortgage in the US Rises for 6th Straight Week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since ...
Morningstar20h
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an interest-rate cut by the Federal Reserve The Federal Reserve cut its benchmark interest rate Thursday, but mortgage rates are going ...