If you have a mortgage rate of 6.9% or higher, have a good credit score, and at least 20% equity in your home, it could pay ...
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement ...
Someone asked me if I had plans for the fall. It took me a moment to realize they meant ‘autumn’ and not the fall of ...
This week, the Federal Reserve announced a cut of 50 basis points (or half a percentage point) in the federal funds rate, which is the rate it charges its member banks. The expected effect will be ...
"The Fed’s decision was pretty aligned with market pricing," Zhao notes, so a major drop in mortgage rates is highly unlikely ...
The Wall Street Journal reported that home values rose for the second consecutive month in June, driving the national median existing home price to $426,900. The Journal pointed to a combination of ...
Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
By Hardika Singh The Federal Reserve's quarterly projections showed a narrow majority of officials penciled in cuts that would lower rates by at least a quarter-point each at meetings in November and ...
Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...