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After swinging from a dramatic spring peak to a welcome summer low, mortgage rates are now holding steady—letting buyers ...
Economists say mortgage rates could fall ahead of an expected Federal Reserve policy shift in September, bringing early ...
While mortgage rates are expected to continue dropping in 2024, it’s unlikely they’ll fall to the historic lows seen in 2020 and 2021 when the average mortgage rate was 2.96%. During that time, ...
Refinance rate forecast for 2025 Mortgage refinance rates are expected to inch down over the coming months, but are unlikely to drop below 6.5% without multiple interest rate cuts and weaker ...
Mortgage application activity fell to its lowest point since May, as both purchase and refinance volumes dipped last week, ...
Refinance rate forecast for 2025 Most housing forecasts still call for a modest decline in mortgage rates by the end of the year, with average 30-year fixed rates potentially edging below 6.5%.
Rates for a 15-year fixed mortgage average 6.08% for purchase and 6.15% for refinance, down 3 basis points from 6.11% for purchase and 13 basis points from 6.28% for refinance this time last week.
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...
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