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Mortgage Rates Rise to Highest Since Aug.
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national average to 6.71%. That lowers it from a recent two-month high, but it remains 70 basis points above the 19-month low we saw Sept. 16—when the average sank to 6.01%.
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
1h
Bank of Canada most likely to cut rates by 50 bps next week
The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a row ...
18h
Rising break-even inflation rates could get Fed to consider no action in November: strategist
Market participants' expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal ...
6h
on MSN
China’s Major Commercial Banks Cut Deposit Rates Again
China’s major commercial banks have cut their deposit rates for a second time this year, a move that could help ease pressure ...
14h
on MSN
Some IUDs linked to higher rates of breast cancer, but overall risk remains low
A new study adds to a growing set of evidence that women who use hormonal birth control have higher rates of breast cancer, ...
Fox Business
9h
This week's 10-year fixed private student loan interest rates dip below 8%
10-year fixed rate: 7.87%, down from 8.04% the week before, -0.17 5-year variable rate: 14.44%, unchanged from 14.44% the ...
11h
on MSN
Mortgage rates: Which New England state saw the biggest jump?
Two New England states have some of the highest average mortgage rates in the country. Hint: It's not Massachusetts.
9h
China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed ...
5h
Tunisian MPs propose bill stripping central bank of exclusivity on interest rates, ending its independence
Tunisia's central bank will no longer have the exclusive power to adjust interest rates or foreign exchange policy, and must ...
16h
Youth voter registration rates are lagging compared with 2020: See map
A report from The Center for Information and Research on Civic Learning and Engagement (CIRCLE) shows increases in youth ...
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