Mortgage rates for 30-year fixed loans moved lower, while 15-year fixed and 5/1 ARMs crept higher today, according to a NerdWallet survey of current mortgage rates published by national lenders Thursday morning. The Federal Reserve raised interest rates, and once again mortgage rates shrugged. There seems to be a continuing disconnect between how the Fed views the...

Topics:  arms   nerdwallet   federal reserve   thursday   mortgage rates   fixed   
BING NEWS:
  • The Case of The Disappearing Rate Cuts
    The Fed expected to be able to cut rates 3 times in 2024 as recently as March. Financial markets agreed. But the data that's come out since then has everyone singing a different tune.  This week's ...
    04/19/2024 - 4:33 am | View Link
  • Home sales are getting hammered by high mortgage rates, but one region is holding up
    Big picture: The housing market has encountered a big speed bump in the form of mortgage rates. Higher rates present two problems: Mortgages become more expensive, since higher rates increase ...
    04/18/2024 - 3:55 am | View Link
  • Current Mortgage Interest Rates
    On Thursday ... rate mortgage dropped eight basis points to 6.411% APR, and the average rate on a 5-year adjustable-rate mortgage went down three basis points to 7.718% APR, according to rates ...
    04/17/2024 - 8:08 pm | View Link
  • Average Mortgage Interest Rates: Mortgage Rates by Credit Score, Year, and Loan Type
    Federal Reserve policy can also influence mortgage rates. When the Fed raises or lowers the federal funds rate, mortgage rates can move up or down as well based on how investors believe Fed ...
    04/17/2024 - 1:00 pm | View Link
  • Stock market today: Tech leads stock slide, Nvidia falls almost 4%
    Big Tech drove the market action, with Nvidia ( NVDA) falling almost 4% and Meta ( META) sliding over 1%. The tech sector ( XLK) was the worst-performing sector in the S&P 500, falling nearly 1.5%.
    04/17/2024 - 10:22 am | View Link
  • More