It’s going to take more than one good inflation report to help mortgage rates fall significantly.

Topics:  inflation   mortgage rates   
BING NEWS:
  • Americans typically spend about 24% of their income on mortgage payments
    It’s often recommended homeowners don’t spend more than 30% of their income on housing costs. Currently, the average monthly mortgage payment for single-family homes typically requires 24.2% of a ...
    06/4/2024 - 4:25 am | View Link
  • Will mortgage rates fall after the June Fed meeting? Here's what experts think
    Experts anticipate the Fed will continue to pause rates at its meeting. But will mortgage rates fall in tandem?
    06/4/2024 - 3:36 am | View Link
  • Mortgage rates flatten ahead of jobs report, Fed meeting
    HousingWire lead analyst Logan Mohtashami noted the recent volatility in the 10-year Treasury yield, another factor that impacts mortgage rates. But he added that spreads have improved this year ...
    06/4/2024 - 1:58 am | View Link
  • Housing Market Update: When Will Rates Fall?
    The trajectory of inflation is key to determining the cost of loans, including for mortgages. The Federal Reserve hiked rates to a more than two-decade high to slow soaring inflation. The move helped ...
    05/31/2024 - 6:00 am | View Link
  • Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
    The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary Mortgage Market Survey.
    05/31/2024 - 5:08 am | View Link
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