Browsing: rates

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…

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Learn more: How the Federal Reserve impacts savings account interest rates Source link

Yes, mortgage interest rates are higher today, but only by a little.The average interest rate on a 30-year, fixed-rate mortgage rose to 6.5% APR, according to…

Learn more: How the Federal Reserve impacts savings account interest rates Source link

Learn more: How the Federal Reserve impacts savings account interest rates Source link

Mortgage rates have fallen to their lowest level in 11 months. Already, some homeowners are refinancing. Others are waiting in hopes that rates will drop more.The…

A slightly warmer-than-expected inflation report was offset by a cooler-than-expected jobs report today, keeping mortgage rates relatively flat.I spoke about the tug-of-war that is now taking…

Their a long-held belief that the Fed sets consumer mortgage rates.It’s reinforced by the media, namely working “journalists” that know little about how mortgages actually work.So…

Mortgage rates have been on an incredible run lately, reversing all the uncertainty and turmoil of the past 52 weeks.Rates are just about back to the…