Mortgage Rates Today, Nov. 15, 2024: Fed Hints Future Rate Cuts Now Uncertain
The Federal Reserve is reviewing its plans for future cuts to general interest rates. And that could affect mortgage rates, too.
The Federal Reserve is reviewing its plans for future cuts to general interest rates. And that could affect mortgage rates, too.
Mortgage rates barely moved yesterday. But has Wall Street's giddiness passed? Or is there more volatility to come?
Markets are again sensitive about inflation. Today's consumer price index could push mortgage rates either way.
How might this week's economic reports affect mortgage rates? And why are we pessimistic about those rates' long-term fate?
Yesterday's appreciable drop in mortgage rates was unexpected. So, what caused it?
Mortgage rates are unlikely to move far in response to the expected cut in general interest rates. Indeed, if markets aren't done with Trump trades, they could rise today.
A remarkable electoral victory for Republicans looks all but certain. But mortgage rates might climb sharply today in response.
The outcome of today's election could have profound and lasting effects on mortgage rates today and for the foreseeable future.
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