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Mortgage rates rose this week in the run-up to the Federal Reserve’s latest interest rate cut. The average 30-year mortgage rate was 6.72% in the week through Wednesday, compared with 6.6% a ...
Average mortgage rates open the week with modest declines on popular terms as of Monday, December 16, 2024, a day before the Federal Reserve is set to begin its final rate-setting panel session of ...
Mortgage rates aren't always reactive to rate cuts. Mortgage rates certainly fell after the Fed announced its 50-basis-point rate cut in September, but it wasn't necessarily because there was a ...
The fixed rate for a 15-year mortgage is 5.41%, up 16 basis points from last week's average 5.25%. ... the first cut since the Fed began raising rates in March 2022 — from a 23-year high of 5.25 ...
Daily mortgage rates for March 22, 2024: Rates trend toward 7% on 30-year, 15-year terms to end week ... The Fed concluded its most recent meeting this week by holding the federal funds target ...
At the conclusion of its third rate-setting policy meeting of 2024 on May 1, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50%, marking the ...
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