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Why industry watchers expect mortgage rates to fluctuate in coming weeks
March 23, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Why industry watchers expect mortgage rates to fluctuate in coming weeks
The Federal Reserve‘s decision to raise the federal funds rate by 25 basis points on Wednesday signaled that officials are still focused on bringing down inflation to 2% while monitoring how much recent bank failures […]
Average long-term US mortgage rate falls to 6.69%, second straight drop since climbing to 2023 high
June 16, 2023
Mark Paul Cervantes
Economy, Mortage News, Top News
Comments Off on Average long-term US mortgage rate falls to 6.69%, second straight drop since climbing to 2023 high
The average long-term U.S. mortgage rate fell again this week, positive news for potential homebuyers after rates reached their highest level since November earlier this month. Mortgage buyer Freddie Mac said Thursday that the average […]
UK two-year fixed mortgage rates fall for first time since May
July 20, 2023
Mark Paul Cervantes
International, Mortage News, Top News
Comments Off on UK two-year fixed mortgage rates fall for first time since May
LONDON, July 20 (Reuters) – A key British mortgage rate fell on Thursday for the first time in nearly two months, coming off the previous day’s 15-year high as concerns about the outlook for inflation […]