The states with the cheapest 30-year new purchase rates Monday were New York, Louisiana, Pennsylvania, California, Florida, North Carolina, and Texas. Meanwhile, the most expensive rates were found in Alaska, West Virginia, Iowa, Washington, D.C., North Dakota, and Vermont. Mortgage rates vary by the state where they originate. Different lenders...

Today's Mortgage Rates by State - July 23, 2024

The 30-year mortgage refinance rate average dropped to 7.20% Friday, a decrease of 6 basis points after an 8-point drop Thursday. The averages for 30-year VA and jumbo refi loans also dipped Friday, while most other refinance rates were either flat or moved higher. National Averages of Lenders' Best Rates...

Mortgage Refinance Rates Fall for 30-Year Loans

TheStreet

Mortgage lenders see more homes bought and sold when — and if — the Federal Reserve starts cutting rates.

Mortgage rates just had a huge drop

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%

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?

Money Week

The building society’s cheapest deal is now priced at 3.99%. Whether you’re buying or remortgaging, we look at whether rates could drop further in the coming months

Nationwide cuts mortgage rates as they dip below 4% for first time since February

Mortgage interest rates continued to drop this week with growing expectations that interest rate cuts are coming. The 30-year fixed-rate mortgage averaged 6.77%, down significantly from last week's average of 6.89, according to Freddie Mac. That's the lowest level since mid-March. The 15-year fixed-rate mortgage also fell, averaging 6.05% this week.

Mortgage rates tumble; time for buyers to ‘get serious’

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

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?

The 30-year mortgage refinance rate average dropped to 7.26% on Thursday, a decrease of 8 basis points, almost washing away the increase of 12 basis points from the day before. The average mortgage refinance rate for 15-year loans decreased by 7 basis points and the jumbo 30-year refinance rates dropped by 11 basis points.

Mortgage Refinance Rates Drop Back Down

Queen City News

How far would mortgage rates need to fall for you to consider buying – or selling – a home this year?

How far do mortgage rates need to fall to break the ‘lock-in effect’?

The 30-year fixed rate mortgage declined to 6.78% on July 25, down from 7.22% on May 2, according to Freddie Mac data. The first Fed rate cut is becoming more certain, and rates are expected to decline throughout the year. Here's what it may mean for homeowners and buyers. The...

The first Fed interest rate cut in years is on the horizon. Here's what homeowners, buyers need to know

LOS ANGELES -- Mortgage rates inched higher this week, keeping the average rate on a 30-year mortgage essentially flat and near the 7% range it's been in most of this year. The rate rose to 6.78% from 6.77% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.81%.

Average rate on a 30-year mortgage inches up to 6.78%, first uptick in three weeks

For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.85% today, a decrease of -0.07% over the last week. The average rate for a 15-year fixed mortgage is 6.29%, which is a decrease of -0.12% since last week. For a look at mortgage rate movement, see the chart below.

Home Loan Rates Decline: Current Mortgage Interest Rates on July 22, 2024

Fortune

Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the bank cited fresh signs of a slowing economy for its view that the Fed will trim rates by 25 basis points eight times, starting in September and extending to July 2025.

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

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?

Orlando, FL

June is generally a peak month for home sales, but you wouldn’t know it based on the record-high rate of contract cancellations last month. According to a recent report from real estate brokerage Redfin, 56,000 purchase agreements were canceled last month, or about 15% of all pending sales transactions. This is the highest cancellation rate for June since Redfin started tracking the metric in 2017. (The all-time high percentage of voided contacts occurred in March 2020, when pandemic quarantines went into effect and homebuyers canceled 17.6% of all sales contracts.)

Homebuyers Are Backing Out of Deals at a Record Pace

Kentucky State

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Mental_Floss

It’s harder and harder to make ends meet in this economy, and it’s not just the rent that is too damn high. Based on recent data from the Federal Housing Finance Agency, which regulates the federal lenders who support much of the residential housing market in the United States, average home prices across the U.S. rose 6.6 percent from the first quarter of 2023 to the first quarter of 2024.

10 States Where Home Prices Are Rising the Fastest

North Carolina State

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Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

NewsBreak

Mortgage Rates Drop to Lowest Level in More Than a Week

Rates on 30-year new purchase mortgages fell 6 basis points Friday, lowering the rate average to 6.75%. Averages for several other mortgage rates also declined, while...

Mortgage Rates Drop to Lowest Level in More Than a Week

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