Finance & Mortgage

Realtor with money and wooden house

'Mortgage Rates Fall To Lowest Level Since February 2023, Monthly Payments May Also Decline

The average contract rate for the 30-year term fell to 6.29% this week, which is 0.14 points lower from last week's rate of 6.43%.
Markets Await Fed Interest Rate Announcement And Inflation Numbers

'Real Estate Forecast: Will It Rise or Fall This September? Here's What Will Happen in Federal Reserve's Meeting

Financial experts are expecting the Federal Reserve to cut its benchmark rate on Sept. 18, which could make mortgage rates fall or rise.
SEC Sues Former Freddie Mac And Fannie Mae CEO's Over Subprime Loan Disclosures

'30-Year Mortgage Rate Drops Ahead of the Fed Cut, the Lowest Level in 16 Months

The contract rate for the 30-year loan fell to 6.44% in the week ending Aug. 23, marking the lowest level recorded since April 2023.
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