Mortgage rates remain near 6.2% as the Fed is expected to hold rates steady, with buyers and lenders watching for spring demand.
Mortgage rates are stable near 6.2% after the Fed’s decision, with spring housing activity hinging on jobs and inflation trends.
Mortgage rates fell to low levels during the pandemic, dropping below 3% as real estate prices soared. But subsequent issues with inflation ultimately caused the Federal Reserve to raise its benchmark ...
Following its March meeting, the Federal Reserve did not change the federal funds rate, keeping the target rate at a range of 5.25-5.50%. A few months ago, many experts predicted that the Fed would ...
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Mortgage rates in a holding pattern as spring buying season nears
Spring buying season is just around the corner, and home shoppers are finding mortgage rates continuing to hover near 6%.
But a slightly brighter season is dawning this spring. Rates are inching lower, and more homes are beginning to hit the market. Already homeowner optimism has improved, hitting its highest level since ...
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