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Mortgage Rates Today, Oct. 22
Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%
Thinking about taking out a mortgage loan? Current mortgage rates stay at 6.63% for 30-year terms, while 15-year terms decrease to 5.75%. Valerie Morris is a content editor with a focus on personal finance.
Mortgage Rates Today, Oct. 22: Median Rate Rises to 6.75%
As of Oct. 22, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.75%, which is 0.12 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is 0.13 percentage points higher than yesterday.
Why are mortgage rates rising after Fed cut interest rates last month?
The Fed announced first rate cut in a long time last month, but the mortgage rates have continued to rise. Why is this? Here's why.
Today's Mortgage Rates, October 22, 2024 | Why the Strong Labor Market is Keeping Rates High
Mortgage rates for October 22, 2024, are around 6.35%, according to Zillow data. Mortgage rates have increased thanks to strong jobs data and shifting expectations around Fed rate cuts. Next year, rates should go down.
Mortgage Rates May Be Falling, but You'll Regret Refinancing Now
Mortgage rates have already fallen, but this is only the beginning. Here's why you should hold off on refinancing.
15h
on MSN
Interest rates are rising mostly because of higher term premium, says SMBC Nikko's Joseph Lavorgna
Joseph Lavorgna, SMBC Nikko Securities America chief economist, and Andres Garcia-Amaya, Zoe Financial CEO, join CNBC's 'The ...
1d
on MSN
Here's how interest rates impact gold prices
Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest ...
6d
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by ...
23h
on MSN
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 ...
6h
ECB starting to debate if rates have to go below neutral, sources say
European Central Bank policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating ...
6d
Where Interest Rates Might Go In 2025
Interest rates are expected to move lower. Current forecasts from markets and policymakers see rates in the mid-3% range by ...
1d
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the ...
15h
Interest rates and election anxiety weigh on Greater Boston housing market this fall
Just as Greater Boston’s housing market was showing signs of life earlier this year, single-family home sales in September ...
5d
on MSN
When will home equity loan interest rates fall again?
Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.
18h
UK Interest Rates Will Settle at Higher Level, Warns BOE’s Greene
Bank of England rate-setter Megan Greene warned that interest rates will settle at higher levels than before the pandemic, ...
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