US mortgage rate drops

Mortgage rates drop to lowest since early Feb. 2023

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel.

Bloomberg L.P. · 2d

US Mortgage Rates Drop to Two-Year Low Ahead of Fed Rate Cut

US mortgage rates declined last week to the lowest level since September 2022 in anticipation of Federal Reserve interest-rate cuts, stoking an influx of applications for home purchases and refinancing.

The New York Times · 1d

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.

US existing home sales drop in August; supply improves

U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement ...

19hon MSN

More people putting their homes on the market in Palm Beach County as interest rates drop

A balanced market where neither the buyer or seller have the upper hand happens when there is 5.5 to six months supply of ...

Business Insider2d

What to do with your money as interest rates drop

Borrowers who got their mortgages when rates were higher may be able to lower their monthly payments by refinancing, but whether it's worth it to refinance now depends on more than just rates.

11h

Top Federal Reserve official would back more aggressive interest rate cuts if US data worsen

A top Federal Reserve official has said he would support more aggressive interest rate cuts from the US central bank if the economic data deteriorates further, as he cautioned inf ...

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