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Homebuyers shouldn't hold out for mortgage rate relief, according to Chen Zhao, Redfin's economic lead.
“Future rates will continue to be impacted by ... given the added inflationary pressures.” “A 'higher-for-longer' mortgage rate environment will continue to dampen house-buying power ...
The Fed is currently neutral on interest rates but could resume cuts later this year. If you're house hunting, here's how ...
In the week ending May 15, 30-year fixed-rate mortgages averaged 6.81%, Freddie Mac announced, up from 6.76% last week. So ...
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Future outlook for mortgage rates Most major forecasts ... If the mortgage rate you're paying is higher than the rates that are currently available, it may be worth it to refinance your mortgage.
Mortgage leaders and economists are expressing cautious optimism even as the cost of a home loan remains higher than ...
Mortgage rates edged slightly lower, Freddie Mac data released May 1 shows. But what’s in store for home buyers in the next ...
U.S. single-family homebuilding dropped to a nine-month low in April as tariffs on imported materials combined with higher ...
The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May - the second reduction in 2025.
It should come as no surprise that higher mortgage rates wouldn’t be good for a housing ... “The markets might say, well, at some point in the future, it will get so bad…the patient will ...
It’s around 4.33% as of Thursday. Mortgage applications are slumping amid the higher rate environment. Applications to purchase a new home dropped 7% through Friday from a week earlier ...