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The Federal Reserve raised its benchmark interest rate (the federal funds rate) several times in 2022 and 2023 in an effort to cool inflation. Now that it's made progress, the central bank is ...
There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...
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, January 19, 2024, 30-year fixed mortgage rates are down from this time last week, while 30-year fixed refinance ...
After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...
There has been a bit of a confusion when it comes to buying a home in America right now: it appears that interest rates are cooling off, yet mortgage rates have gone up. If you had to do a double ...
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