Fed Holds Rates Steady
Digest more
The rate on a 30-year fixed refinance decreased to 6.23% today, according to the Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6.11% for a 20-year financed mortgage.
Mortgage rates aren't so much higher today as they are back to normal. Yesterday's abrupt and unexplained drop felt like noise in the data rather than a new tune, so it's unsurpri
The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.
Borrowing costs are likely to stay higher for longer, with only gradual relief expected through 2026.
The rate on a 30-year fixed refinance fell to 6.23% today, according to the Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6.11% for a 20-year financed mortgage. R
The US Federal Reserve left interest rates unchanged on Wednesday. The federal funds rate remains in a range of 3.5% to 3.75% as policymakers paused after months of easing. The move signals a more cautious,
Looking to buy a home or refinance your current one? These are the mortgage interest rates to know first.
NerdWallet on MSN
Fed Pauses, But Mortgage Rates Are Already Lower
The Federal Reserve just voted to hold the federal funds rate steady, putting a wrap on its three-meeting streak of rate cuts and demonstrating the central bankers' cautious confidence in the economy.