Mortgage rates for 30-year and 15-year fixed home loans moved higher, while 5/1 ARMs were unchanged today, according to a NerdWallet survey of mortgage rates published by national lenders Friday morning. The bond market, the major driver of mortgage rates, is still digesting the Federal Reserve’s latest meeting. It’s less about the everybody-knew-it-was-coming rate hike...
Similar Stories to Mortgage Rates Friday, June 16: Mostly Higher As Bond Market Considers Fed Moves on Bing News
Hal M. Bundrick, CFP, NerdWallet.com
Fri, 06/16/2017 - 8:10am
BING NEWS:
- Wall Street ends higher for third session on rate cut optimism
U.S. stock indexes ended higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates ...
05/6/2024 - 8:00 am | View Link - Expect Higher Interest Rates Through the End of 2024. Fed Blames ‘Lack of Progress’ on Inflation
You'll likely pay more to borrow until at least 2025, but now may be the time to lock in higher savings rates.
05/2/2024 - 4:12 pm | View Link - Compare Current Mortgage Rates in May 2024
and others are influenced by macro market conditions, such as inflation, the Fed’s monetary policy and the overall demand for loans. While the broader economy plays a key role in mortgage rates ...
05/2/2024 - 1:00 pm | View Link - Current mortgage rates 2024
your monthly payments will be higher. But because you’ll be paying off the loan sooner, you’ll typically save money on interest over the life of the loan. Additionally, interest rates on 15 ...
05/2/2024 - 1:00 pm | View Link - The Fed indicated rates will remain higher for longer. What does that mean for you?
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy ...
05/2/2024 - 9:46 am | View Link - More
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