Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 4.990% for a 15-year fixed-rate mortgage.
The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 16, which is unchanged from Friday.
The Federal Reserve is set to issue its first rate cut since 2020 this week. Here's what it means for mortgage rates.
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...
The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
Mortgages interest rates have fallen into the low 6% range this summer, and some experts say more declines probably are ...