News

Mortgage rates are slightly down this week, with the average 30-year fixed-rate loan at 6.76%, according to Freddie Mac data on May 1. “Mortgage rates again declined this week,” said Freddie ...
What to consider with HELOC rates falling again Here are three items to consider with HELOC rates falling back toward 8% again: Rates here could rise or fall unexpectedly Earlier in 2025, it ...
Home Investing Economy Fed Leaves Rates Unchanged: What the Experts Are Saying As widely expected, the Federal Open Market Committee took a 'wait-and-see' approach toward borrowing costs.
Mortgage rates are less directly tied to the Fed and move more in response to the 10-year Treasury yield. Even so, they aren't expected to drop by much this year, according to data from Fannie Mae.
What happens at the June FOMC meeting will have a direct impact on HELOC rates, but a Fed rate cut may not be on the horizon. "It is highly unlikely that they will cut or increase rates in June ...