The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate ...

Separate data from Mortgage News Daily showed that the 30-year fixed-rate mortgage averaged 7.08% as of Thursday afternoon. Why are mortgage rates falling now? Mortgage rates are falling as the ...

Heading into today's Fed announcement, we didn't expect to receive any significant surprise on the stance of monetary policy.

During his remarks following the Jan. 29 policy meeting, Fed Chair Jerome Powell said officials are not in a hurry to lower interest rates and that the central bank is waiting to see if inflation ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants ...

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...

The average mortgage lender is now back in line with the lowest levels since late December, but just barely. Should you view this as a bigger picture turning point in the rate narrative?

Jumbo 30-year mortgage rates also dropped 8 points Monday, reducing the average to 6.81%—almost a six-week low. In September, jumbo 30-year rates plummeted to 6.24%, their cheapest average in 19 ...

Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert ...

Policy changes from the Fed: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, ...