For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...

Mortgage rates remain above 7%, but they are moving lower even after the Federal Reserve paused its rate-cutting cycle last ...

A result like that would see the annual inflation rate drop to 3.2 per cent ... table” and there may not be a flurry of interest rate cuts on the cards as many mortgage holders hope. "We maintain our ...

Lead Analyst Logan Mohtashami looks at what has to mortgage rates since Trump announced tariffs on Friday through ...

In 2024, the median first-time homebuyer was 38 years old, up from age 35 the prior year, according to the National ...

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...

Mortgage interest rates didn't react to that news, but then again, mortgage rates also didn't drop when the Fed cut rates three times starting in September of last year. Over that same period, as the ...

For example, though housing economists had expected mortgage rates to drop to 6% by the end of 2024 ... according to Matt Graham of Mortgage News Daily. "In the opposite scenario, where the ...

Rates on a 30-year fixed mortgage rose above 7% in the week ended Jan. 16, according to Freddie Mac data. Mortgage rates were below 3% as recently as late 2021. They are unlikely to fall below 6% ...

Rates on a 30-year fixed mortgage rose ... NBC Connecticut's News Headlines newsletter. "If what you're hoping or wishing for is an interest rate at 4%, or housing prices to drop 20%, I personally ...