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In California, prices increased at an average of 4% last year but are on pace for a 3.1% increase this year, according to this month’s UCLA Anderson economic forecast. The state rate is expected ...
It's a mixed bag of mortgage rate fluctuations today across different loan terms. There are slight drops for 30-year fixed rates and 30-year fixed refinancing with both landing at 7.25%.
We are tracking rates daily to see the impact on hopeful homebuyers, so as of today, February 1, 2024, the rates are: 30-year fixed rates are 6.96% 15-year fixed rates are 6.40%
The Federal Reserve announced another cut to its benchmark interest rates yesterday, dropping the Fed rate by 25 basis points to a range of 4.25% to 4.50% — the third consecutive time it's ...
The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
It looks like some mortgage interest rates are falling today, but not 30-year fixed rates. That ticked up to 7.29%, adding to the 19 basis points it jumped in the last week. ... hitting 6.59% ...