Browsing: rates

I remember when I wrote my mortgage myths post, I pointed out that mortgages aren’t mostly interest.But I did so when mortgage rates were near record…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating…

Yesterday, I wrote about how the uncertainty surrounding tariffs was hurting mortgage rates.In short, the market doesn’t know what to make of the tariffs given the…

It’s clear that the trade war is now the biggest driver of mortgage rates today.Prior to the arrival of tariffs and a wider trade war, inflation…

Mortgage rates experienced what President Trump characterized as a “big, beautiful drop” this week in his speech to Congress. The average rate on the 30-year fixed-rate…

Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy Forum in New York, US, on…

One of the oldest and largest credit unions in the nation, Navy Federal FCU, happens to be a big player in the home loan space.Instead of…

Tomorrow is a big day for mortgage rates, potentially.I say that because tomorrow is the release of the monthly jobs report from the Bureau of Labor…

There’s been a lot of optimism about mortgage rates under Trump.After all, rates have fallen for the past six weeks from around 7.25% to 6.75%, which…

Today was yet another good day for mortgage rates, which came down an additional 10 bps (0.10%), per the latest daily survey from Mortgage News Daily.The…