home loan rates

Will rates fall after the Fed meeting?

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Will rates fall after the Fed meeting?

Mortgage rates have risen since last week. According to Zillow data, the 30-year fixed mortgage rate rose 13 basis points to 6.10% and the 15-year fixed rate rose 14 basis points to 5.55%. The Federal Reserve will announce on Wednesday whether it will cut the federal funds rate for the third time this year. Many … Read more

Lowest Mortgage Rates

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Introduction Mortgage rates are one of the most important factors determining whether buying a home is affordable. When rates are low, monthly payments shrink, more borrowers qualify, and refinancing becomes highly attractive. Conversely, high rates can severely limit housing demand and make homeownership prohibitively expensive for many people. Understanding how mortgage rates work, what drives … Read more