Tag Archives: 30-year fixed

Mortgage rates dipped. See how they’ve evolved over the years

By | | Uncategorized
Comments Off on Mortgage rates dipped. See how they’ve evolved over the years

Use our interactive tool to track mortgage rates, and share the latest data with your clients, colleagues and friends. Continue reading →

Housing market challenges aren’t over yet, Barbara Corcoran warns

By | | Uncategorized
Comments Off on Housing market challenges aren’t over yet, Barbara Corcoran warns

Mortgage rates have inched downward, with the 30-year fixed rate falling down “by a fraction of a point to 6.96 percent,” Corcoran said, representing the lowest rate in six weeks. The 15-fixed loan rate was 6.21 percent as of Thursday. However, Corcora… Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

By | | Uncategorized
Comments Off on Lenders hold firm on mortgage rates after Fed dust settles

Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →

Healthy jobs report drives up mortgage rates for first time in weeks

By | | Uncategorized
Comments Off on Healthy jobs report drives up mortgage rates for first time in weeks

During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading →