Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
The 30-year rate rose for the seventh week in a row, after Donald Trump won the presidential election and the Federal Reserve cut its interest rate by 25 basis points. Back To Top
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Mortgage rate changes loom amid Fed rate cuts & Trump presidency
Though the Fed was already set to cut rates at least once more before the end of 2024, the modest 0.25% rate cut targeting 4.5%–4.75% indicates that the central bank is proceeding with caution in light of a Donald Trump Administration.
What the Fed rate cut means for mortgage interest rates
F or the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis poin
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
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Understanding The Future Direction Of Mortgage Rates
Mortgage rates are top-of-mind, and for good reason. Buying and selling a house is one of the most consequential financial ...
US Mortgage Rates Rose Again in Week After Trump’s Victory
US mortgage rates continued to rise, building on a recent run-up after Donald Trump won the presidential election.
How Mortgage Rates Will Change in 2025, According to Experts
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.
What To Expect From Mortgage Rates For 2025
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
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Mortgage Calculator: Here's How Much You Need To Buy a $424,950 Home at a 6.79% Rate
The typical monthly payment on a median-priced $424,950 home at today’s 6.79% mortgage rate is roughly $2,214. (That’s ...
HSBC, Santander, Nationwide, TSB, Virgin Money share major mortgage rate update
It often takes one large lender to prompt a broader shift in mortgage pricing and announcements of rate hikes are now coming ...
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Mortgage demand stalls as financial markets digest Trump presidency
according to the Mortgage Bankers Association's seasonally adjusted index. While tiny, the increase marked the first rise ...
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.