Will mortgage rates fall in December? Here's what experts predict
"While we may see mortgage rates drop modestly in December, anyone expecting a significant change for the better may be disappointed," says Darren Tooley, senior loan officer at Cornerstone Financial Services. Change likely isn't on the horizon for a few reasons, according to Tooley.
Today's Mortgage Rates | Rates May Ease Next Year, But It Depends on the Fed
These are today's mortgage and refinance rates. Mortgage rates might not drop much this month, but they're expected to go down in 2025.
Today’s 15-year mortgage interest rates drop to 6.13%, while 30-year terms fall to 6.88%
Thinking about taking out a mortgage loan? Current mortgage rates drop to 6.88% for 30-year terms, while 15-year terms fall to 6.13%.
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
The central bank’s target rates and its much-publicized recent rate cuts don’t directly set long-term mortgage and business loan rates. It’s not unheard
Will mortgage rates go down in 2025? This is the key factor to watch
When it comes to mortgage rates, the labor market may have the biggest influence. Here’s why. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.
30-Year Mortgage Rates Sink to 5-Week Low
Rates for 30-year new purchase mortgages fell Friday, lowering the flagship average to it cheapest level since mid-October. Rates on other loan types showed mixed movement.
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