Mortgage and refinance rates today, January 21, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was a small drop but it inches them further toward the all-time low, though there’s still a way […]
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was a small drop but it inches them further toward the all-time low, though there’s still a way […]
Your guide to understanding how a Fed rate cut could impact your mortgage as a homeowner or prospective buyer.*
The post What Happens to Mortgage Rates When the Fed Cuts Rates? appeared first on Discover Bank – Banking Topics Blog.
Mortgage rates moved higher last week. Freddie Mac reported last Thursday that the 30-year fixed rate mortgage has moved up by 14 basis points to 2.79%. Whether due to the economic recovery, or the likely spending spike we’re going to see from a Democratic president, Congress and Senate, those rates are slowly trickling upwards and … [Read more…]
It’s not all bad news for savers in a lower interest rate environment. Here’s why.*
The post How Should I Save If the Fed Cuts Rates? appeared first on Discover Bank – Banking Topics Blog.
Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. And that was a pleasant surprise because they’d looked likely to rise again first thing â and also because […]
US mortgage rates tumble to a record low â and may be headed lower The Boston Globe
Mortgage interest rates dropped dramatically over the summer, to the point where home loans have never been cheaper in most of our adult lifetimes. With rates at historic lows, you mightâve considered taking advantage of them, either by purchasing a new home or refinancing your current mortgage. Recent figures from Freddie Mac show that mortgage […]
The post Why Refinance Rates Are Higher Than Purchase Loan Rates appeared first on Good Financial Cents®.
In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point. That was the first time the Fed had raised rates in nearly a decade. While federal funds rate changes don’t directly impact … Continue reading →
The post How Interest Rate Hikes Affect Personal Loan Investors appeared first on SmartAsset Blog.
Learn how to get an edge on your saving, spending and borrowing strategies when rates rise or fall.
The post How Does the Federal Reserve Interest Rate Affect Me? appeared first on Discover Bank – Banking Topics Blog.