The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate ...
During his remarks following the Jan. 29 policy meeting, Fed Chair Jerome Powell said officials are not in a hurry to lower interest rates and that the central bank is waiting to see if inflation ...
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
On Wednesday, the Fed is expected to announce a pause from its rate-cutting path. What does that mean for mortgage rates? If ...
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...
JPMorgan Chase and Bank of America ... possibility of mortgage forbearance tailored to customer needs. Forbearance allows borrowers to temporarily pause repayments on their loans or pay lower ...
If your home is damaged or destroyed by the Los Angeles wildfires, or from any disaster for that matter, call your mortgage ...
This new uptick in inflation could make the central bank ... for mortgage rates, a rise can prompt lenders to adjust their rates upward to sustain profit margins. Find affordable mortgage loan ...
Since rates vary widely across lenders, it's always smart to shop around for your best mortgage rate and compare rates regularly, no matter the type of home loan you seek. Rates on 30-year new ...