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Mortgage Rates Today, Nov. 14
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 14, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday.
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them back there (minus a catastrophic economic downturn). Homebuyers and homeowners looking to refinance, then, shouldn't wait for a perfect circumstance that's unlikely to materialize.
Mortgage Rates Today, Nov. 14: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage
Fed's Powell Says No Need to Hurry Rate Cuts
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
CBS News on MSN
1d
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing
interest
rates
in September in ...
13h
on MSN
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
1d
Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The Boston Globe
19h
Trump, the Fed, and an almost inevitable showdown over interest rates
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over
interest
rates
in ...
26m
on MSN
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
21h
Understanding Interest Rates: What Your Bank Wants You To Know
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
23h
on MSN
Russian farmers rush to sell grain to profit from high interest rates
Russian farmers appear to be changing their habit of withholding excess grain for better times amid low global prices, as ...
3d
on MSN
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
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