Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
MCLEAN, Va. - Freddie Mac (OTCQB: OTC:FMCC), a prominent player in financial services with a market capitalization of $17 billion, reported today that the 30-year fixed-rate mortgage (FRM) averaged 6.
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.95% from last week's reading of 6.96%. The ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is ...
Winnebago County, home to Oshkosh, recorded 172 sales for the month, a 35.4% spike compared to December 2023, the highest ...
Shifting US interest rate expectations are important, but the latest NZIER business survey reaffirms NZ is different with no change to our interest rate expectations.
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...
The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.6%. It has risen for five straight weeks. Borrowing costs on 15-year fixed-rate ...