Mortgage rates for 30-year fixed loans ticked up slightly, while 15-year fixed and 5/1 ARMs remained unchanged, according to a NerdWallet survey of daily mortgage rates published by national lenders Thursday morning. Yesterday, minutes from the Federal Reserve’s July meeting were released. They indicate that some members have concerns about raising interest rates while inflation stubbornly remains below... Emily Starbuck Crone is a writer at NerdWallet.

BING NEWS:
  • High mortgage rates hang around, reaching 7.17%
    Mortgage rates continued their climb past the 7% threshold this week, sidelining price-sensitive buyers in their wake. The rate on the 30-year fixed rate mortgage rose to 7.17% on Thursday, up from 7.
    04/25/2024 - 5:44 am | View Link
  • Current Mortgage Rates: Week of April 8 to April 12 2024
    View OfferADVERTISEMENT The hope for less expensive home loans faded even further this week as mortgage costs hit a new high for the year. Average mortgage rates topped 7% for the first time in 2024, ...
    04/25/2024 - 5:23 am | View Link
  • Mortgage Rates Forecast For 2024: Experts Predict How Much Rates Will Drop
    Mortgage rates have ... its policy rate steady between 5.25% and 5.5%. Over the past two years, mortgage rates have skyrocketed to their highest levels in decades amid the Fed’s efforts to ...
    04/21/2024 - 1:00 pm | View Link
  • 30-Year Mortgage Rates Dip for a Second Day
    After surging last week, jumbo 30-year rates held steady for a sixth market day Thursday, holding at 7.20 ... But starting in November 2021, the Fed began tapering its bond purchases downward ...
    04/18/2024 - 1:00 pm | View Link
  • Fed’s Schmid wants to hold rates steady until sure inflation is dropping
    Kansas City Fed president Jeff Schmid said Friday he would prefer to hold interest rates steady and not cut until there is 'convincing' evidence inflation is dropping.
    04/12/2024 - 9:35 am | View Link
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