Signals

Mortgage Interest Rates Today: Mortgage Rates Dip to 6.23% as Split Fed Signals Another Cut

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Mortgage Interest Rates Today: Mortgage Rates Dip to 6.23% as Split Fed Signals Another Cut

Mortgage rates ticked down on Wednesday as markets awaited the release of more economic data delayed by the government shutdown, and a divided Federal Reserve appeared to be leaning toward another rate cut in December.  The average rate on 30-year fixed home loans dipped to 6.23% for the week ending Nov. 26, down from 6.26% … Read more

Mortgage Interest Rates Today: Mortgage Rates Rise to 6.22% After Fed Chair Jerome Powell Signals Tougher Policy

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Mortgage Interest Rates Today: Mortgage Rates Rise to 6.22% After Fed Chair Jerome Powell Signals Tougher Policy

Mortgage rates climbed on Thursday after four straight weeks of declines as markets adjusted their expectations following Federal Reserve Chair Jerome Powell‘s remarks on the likelihood of future rate cuts. The average rate on 30-year fixed home loans increased to 6.22% for the week ending Nov. 6, up from 6.17% the week before, according to … Read more