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Friday’s job report shows there is a clear pathway to get there. Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022.
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower, which it has ...
The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed ...
Mortgage rates didn't move much on Monday, but they moved in the right direction with the average lender 0.03% lower for a ...
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Irish Examiner on MSNIrish mortgage rates fall to lowest level in more than two years
Average Irish mortgage rate is now 3.66%, down from 3.72% in April The latest Irish figure is down six basis points from the ...
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
Data dependent... That's a phrase that is all too prevalent in financial markets and among members of the Federal Reserve. It refers to the fact that economic data will guide the future path ...
Mortgage rates are falling, with one report saying the average rate is below 6%, ... All it took was a scary stock market sell-off, caused by a weak July employment report.
The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government's monthly employment report.The rate is now 6.53%, according to ...
Average mortgage rates inch higher as of Friday, January 10, 2025, rounding out the week at their highest levels since July. A highly anticipated employment report due out today — the first ...
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