The Motley Fool

For young home buyers, 4% mortgage rates may feel "normal," but they're not. Keep reading to learn whether you can count on them to be that low again.

Will Mortgage Rates Ever Be as Low as 4.00% Again?

Lenders have been lowering their rates ahead of a hoped-for interest rate cut in August.

Mortgage rate hopes as one lender offers below 4%

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

The Federal Reserve is widely expected to lower interest rates soon. Could it finally make buying a house cheaper? Learn the latest projections here.

Here's How Low Mortgage Rates Could Go in 2025

GOBankingRates

Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have kept...

Will Home Prices Crash in 2026?

NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in...

What happens to the housing market when mortgage rates finally come down?

The US Sun

KANYE West fans have recently hit the jackpot after buying a storage unit filled with Yeezy merchandise. The owners exclusively told The U.S. Sun their story of finding the never-before-seen products that appeared to be Kanye‘s. Earlier this week, the TikTok account Lockerblocker20 showcased their finds to thousands of viewers in two different videos. In […]

Kanye West fans buy storage unit then quickly realize it’s full of never-before-seen Yeezy designs and creepy items

The states with the lowest 30-year new purchase mortgage rates on Thursday were Alaska, New York, Florida, Texas, Louisiana, California, Pennsylvania, and North Carolina. Meanwhile, the states with Thursday's most expensive rates were Washington, D.C., West Virginia, Vermont, South Dakota, North Dakota, New Hampshire, and Virginia. Mortgage rates vary by...

Today's Mortgage Rates by State – Aug. 9, 2024

Business Insider

These are today's mortgage and refinance rates. Lower mortgage rates should help homebuyers with affordability. But prices may go up as a result.

Mortgage Interest Rates Today, August 13, 2024 | Is It Finally a Good Time to Buy a Home?

As America’s housing market navigates the shifting tides of mortgage rates, a promising new chapter is on the horizon. Recent declines in mortgage rates have opened the door to transformative changes in the real estate landscape, signaling a potential revival in both buying and selling activities.

Real Estate Market Set to Transform: What to Expect When Mortgage Rates Fall

Ohio State

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The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less to remodel their homes.

Home Depot issues a warning about the economy

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

NewsNation

The average contract rate on a 30-year fixed-rate mortgage dropped 27 basis points in the week of Aug. 2, to 6.55%.

U.S. mortgage rates see biggest drop in two years

The New York Times

The economy’s resurgence from the pandemic shock has had a singular driving force: the consumer. Flush with savings and buoyed by a sizzling labor market, Americans have spent exuberantly, on goods such as furniture and electronics and then on services including air travel and restaurant meals.

To Avoid a Recession, Consumer Spending Is Key

Reuters

NEW YORK (Reuters) - The average rate on the popular U.S. 30-year mortgage plunged to its lowest level since May 2023 this week, following days of market turbulence resulting from last week's softer-than-expected employment report.

U.S. 30-year fixed-rate mortgage plunges to lowest since May 2023, Freddie Mac says

The average 30-year mortgage refinance rate shot up 39 basis points Friday, after plummeting 31 points Thursday. That raises the current 30-year refi average to 7.14%, its highest level in a week and a half. Rate movement varied for other refinance loan types Friday. While the 15-year refi average also...

30-Year Mortgage Refinance Rates Jump

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

NewsBreak

Mortgage Rates Dip, Ending 3-Day Climb

The 30-year mortgage rate average reversed course Friday, dipping to 6.49% and halting a three-day climb. One week ago, the flagship mortgage average plunged to 6.28%,...

Mortgage Rates Dip, Ending 3-Day Climb

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