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When will mortgage rates drop below 6%?
Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of Realtors (NAR). A 30-year fixed-rate mortgage at 6% would make the median-priced home affordable for about 5.5 million more households, NAR economists shared at the July 16 Real Estate Forecast Summit.
Rate, a leading fintech company, today announced that Colorado-based loan officer Kody Miller has rejoined the company.
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...
High mortgage rates have little to do with the Fed’s benchmark rate, the Fed chair said. “We don't set mortgage rates at the ...
The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, down just barely from 6.75% last ...
Mortgage rates would have to fall to lower than 4.5% or home prices would need to fall by 18% for housing to become ...
Whether you’re searching for a new home or planning to refinance, understanding mortgage and refinance rates is essential to ...
Mortgage rates retreated this week, with the 30-year fixed rate averaging 6.75 percent, compared to 6.76 percent the previous ...
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