Mortgage interest rates are again mostly lower today. According to Zillow the average 30-year fixed rate dropped by two basic points to 6.81%The 20-year fixed rate unplugged one base point to 6.53%and the 15-year mortgage rate dropped seven basic points to 5.99%S Futures are confident that the Federal Reserve will again retain its position of … Read more
Is the mortgage rate in 5% range a sweet place for your home buying budget? As the mortgage rates remain in the range of 6.5% to 7%, most residential experts do not expect prices to move much more by the end of this year. However, the main economic failure can cause much lower mortgage rates. … Read more
If you are considering opening a new savings account or deposit certificate (CD), you know how the Fed’s decisions influence your interest profits over time is key to making an informed decision on where to put your money. The Federal Open Market Committee (FOMC) will hold its next meeting on June 17-18, 2025. During this … Read more
Most mortgage rates have increased since yesterday, but the increase is not drastic. For example, according to Zillow, the 30-year fixed mortgage rate has four basic points to 6.79%and the 15-year fixed percentage has risen by four basic points to 6.03%S The Federal Reserve Meeting in May is underway and the Fed will release its … Read more
Most mortgage interest rates have increased today. According to Zillow data, the average 30-year fixed mortgage rate has grown by nine basic points to 6.70%and the 15-year interest rate is with five basic points to 5.95%S Today’s higher percentage can partly be due to the April job report published on Friday. The data show that … Read more