US mortgage rate drops

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel.

Bloomberg L.P. · 2d

US Mortgage Rates Drop to Two-Year Low Ahead of Fed Rate Cut

US mortgage rates declined last week to the lowest level since September 2022 in anticipation of Federal Reserve interest-rate cuts, stoking an influx of applications for home purchases and refinancing.

The New York Times · 1d

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.

Reuters2d

US 30-year mortgage rate falls to two-year low of 6.15%

Reuters Graphics U.S. mortgage rates peaked about 11 months ago at near 8% ... currency faces headwinds five months on 3:40 PM UTC Macro Matterscategory US existing home sales drop in August ...

ABC121d

Mortgage rates drop to lowest since early February 2023

The Fed doesn’t control mortgage rates, but its action do influence them through movements in bond yields. Mortgage ...

8hon MSN

More people putting their homes on the market in Palm Beach County as interest rates drop

A balanced market where neither the buyer or seller have the upper hand happens when there is 5.5 to six months supply of ...

US existing home sales drop in August; supply improves

U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement ...

Business Insider1d

What to do with your money as interest rates drop

Borrowers who got their mortgages when rates were higher may be able to lower their monthly payments by refinancing, but whether it's worth it to refinance now depends on more than just rates.

Colorado realtor says The Fed's interest rate cut "signals a good time to make big purchases, especially homes"

A Colorado real estate broker says the announcement by the Federal Reserve that they are lowering the interest rate by .5 ...

US Home Sales Fell in August Despite Easing Mortgage Rates, More Homes on the Market

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates ...

1don MSN

Does the Big Fed Cut Make Refinancing Worth It?

The central bank cut its benchmark interest rate by half a percentage point on Wednesday for the first time in more than four ...

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