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When will mortgage rates drop below 6%?
Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of Realtors (NAR). A 30-year fixed-rate mortgage at 6% would make the median-priced home affordable for about 5.5 million more households, NAR economists shared at the July 16 Real Estate Forecast Summit.
Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, barely down from 6.74% last week.
The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, down just barely from 6.75% last ...
The average rate on a 30-year U.S. mortgage eased to where it was three weeks ago, modest relief for prospective homebuyers ...
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...
Understanding current mortgage rates and refinance rates in New York is essential if you're planning to buy a home or ...
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