Fed Announces First Rate Cut of 2025, Citing a Worsening Job Market
The Federal Reserve has announced its first interest rate cut since December 2024, pointing toward a degrading job market as ...
Tag: Mortgage Rates
Mortgage Applications Grow Nearly 30% Before Fed Rate Decision
As mortgage rates reached their lowest level in a year this past week, demand for housing experienced a major jump ...
Mortgage Rates Continue to Drop
As homebuyers and borrowers looking to refinance are experiencing a welcomed period of relief from elevated rates, the average 30-year ...
Consumer Price Index: Inflation Rises Again, but Rate Cut Remains Likely
The Federal Reserve board of governors will meet next week at the Federal Open Market Committee (FOMC) to vote on ...
Mortgage Applications Increase for the First Time in Weeks
In the wake of mortgage rates reaching an 11-month low last week, mortgage applications have broken their downward streak—increasing in ...
Mortgage Rates Drop to 11-Month Lows as Market Eyes Fed Rate Cuts
Homebuyers and existing borrowers in the market to refinance are finally getting some long-awaited mortgage-rate relief. The average 30-year, fixed-rate ...
Low Rates Fall Short in Kickstarting Mortgage Applications
Mortgage applications decreased again for the third consecutive week, according to the Mortgage Bankers Association (MBA). The volume of mortgage ...
Pending Home Sales Inch Down in July as Market Stays ‘Stuck’
The number of contract signings dropped this July, per the National Association of Realtors® (NAR). NAR found that nationally, pending ...
Mortgage Rates Hit Another Low
Sliding down another two basis points, the average 30-year fixed mortgage rate drop this week brought the figure to a ...
Mortgage Rates Level Out, Remain at 10-Month Low
Mortgage rates have leveled out, remaining this week at the lowest percentage seen since October, according to the latest Primary ...
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