Mortgage Rates Today, Oct. 15, 2024: Stand By for Thursday's Retail Sales Data
It's likely to be a quiet week for mortgage rates. But Thursday does bring a couple of economic publications that might have an impact.
It's likely to be a quiet week for mortgage rates. But Thursday does bring a couple of economic publications that might have an impact.
The Fed issued an anticipated rate cut, but it was bigger than many expected. How mortgage rates are reacting.
Many homeowners who purchased since September 2022 might save money with a refinance, thanks to falling mortgage rates.
Falling mortgage rates have equated to an estimated $300-per-month drop in the mortgage payment on a $350,000 home.
The Fed could look to cut rates in September, but only if inflation numbers cooperation, some of which come out Friday.
The latest inflation reading could spell better times for mortgage rates. But the Trump assassination attempt could swing rates higher this week due to the "Trump Trade."
Mortgage rates are driven by inflation and other economic data. But one factor is influencing them more than normal: low demand for government debt.
The mortgage market awaits good as the Consumer Price Index (CPI) report and Federal Reserve Chair Jerome Powell’s testimony before Senate and House committees on Capitol Hill approaches.
Arguable the most influential economic report comes out Friday. A downbeat report could help mortgage rates, since weaker jobs data gives the Fed stable ground on which to make the rate-cut argument.
It will likely be a calm week for mortgage rates -- that is, until Friday rolls around.
Many homebuyers who missed the last mortgage rate rally wonder if low rates will ever come back. Can rates fall to 3%?
The 2024 Presidential election could impact mortgage rates. How would mortgage rates fare under each candidate?
Cooling inflation is helping mortgage rates. Can they hold at lower levels?
Three potentially game-changing events happen within half a day starting 8:30 ET Wednesday. Buckle up for perhaps the wildest ride for mortgage rates in recent memory.