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Will Mortgage Rates Fall This Year? Clues From Today's Inflation News
Today's fresh inflation data—not the Fed announcement—provides stronger clues about where mortgage rates could be headed for the rest of 2024.
Mortgage rates fall to 6.95%
Mortgage rates fell for the second consecutive week, with the average 30-year fixed-rate mortgage declining to 6.95%. Rates remain stubbornly high for many would-be buyers.
Can mortgage rates keep falling? Job market data is key
Since May 29, we've witnessed a decline in the 10-year yield, which has been favorable for mortgage rates. Can this trend persist?
Mortgage rates fall with the cooling pace of inflation
Markets appeared to welcome signs of future rate relief, with the latest Freddie Mac average falling for the fifth time in six weeks.
30-Year Mortgage Rates Fall for a Fifth Day
After wavering above 7% for more than a week, 30-year mortgage rates have dropped back to the upper-6% range. Rates have moved lower for almost every loan type.
Mortgage Interest Rates Today, June 12, 2024 | Rates Should Fall As Inflation Slows
These are today's mortgage and refinance rates. Mortgage rates remain elevated, but they're expected to trend down as inflation decelerates.
Mortgage Rates Fall For Second Straight Week In Response to Positive Economic Data
Mortgage rates dropped for a second week in a row. Thirty-year fixed-rate average was 6.95%, down from 6.99% last week.
Mortgage Rates Fall Under 7% as Buyers Face a 'Bittersweet Market'
Mortgage rates dipped below 7% this week, with the average rate for a 30-year fixed home loan falling from 7.03% last week to 6.99% for the week ending June 6, according to Freddie Mac.
Mortgage rates ease for 2nd straight week; average rate on 30-year home loan at 6.95%
Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it’s been much of this year
Mortgage Interest Rates Today, June 15, 2024 | Rates Are Down, and They May Drop Further Soon
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, and they could drop further as inflation decelerates.
Mortgage rates ease for second straight week
Until the Fed begins lowering its short-term rate, long-term mortgage rates are unlikely to ease significantly, economists say.
1d
Mortgage rates on the decline while applications rise: Freddie Mac
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary ...
CNET
3d
June Fed Meeting: The Path to Lower Mortgage Rates Is Still a Waiting Game
Lower inflation and at least one Fed rate cut will help mortgage rates fall this year, but we’re not there yet.
CBS News
3d
How far must mortgage rates fall to increase inventory? Here's what experts say
While the inflation rate is down compared to recent highs, persistent inflation is continuing to impact many people's wallets, as the cost of everything from gas and food to housing has increased ...
5d
on MSN
This is when you can expect mortgage rates to go down — and why you should buy before a recession hits
Patience is a virtue, especially when it comes to the wait for interest rates to lower amid the ongoing battle against ...
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