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The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
Mortgage Rates Continue to Increase
The 30-year fixed-rate mortgage increased for the third consecutive week, moving closer to 6.5%,” said Sam Khater, Freddie Mac’s Chief Economist. “In general, higher rates reflect the strength in the economy that is supportive of the housing market.
Mortgage rates march higher for third straight week
Mortgage rates climbed again for a third straight week, further dinging demand as the housing market continues to suffer from an affordability crisis.
Why have mortgage interest rates been rising since the Fed cut rates in September?
Unfortunately for prospective buyers, rising mortgage rates in the face of a Fed cut is a sign of a resilient economy.
Mortgage rates increased again this week
Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) increased again this week,
10h
Rising break-even inflation rates could get Fed to consider no action in November: strategist
Market participants' expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal ...
6h
US regional banks capitalize on rising deal fees to counter high deposit costs
U.S. regional banks' profits outdid Wall Street expectations in the third quarter as their investment banking fees surged ...
1d
Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says
A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.
Hosted on MSN
16h
Why Rising Energy Prices Don't Necessarily Mean Higher Power Bills
Why are electricity rates rising faster than bills? Monthly electric bills are affected by two main factors: electricity ...
2d
A Few Things You Should Know About ‘Destiny: Rising’
Destiny: Rising, a new mobile game spun out of the series, was revealed in full yesterday, and many fans are…confused.
8h
on MSN
Nestlé Says Slowdown in Rising Food Costs Isn’t Soothing Pinched Shoppers
Nestlé lowered its sales expectations for the second time this year as the food giant offers greater discounts to lure back ...
22h
Why college tuition and fees are rising faster than financial aid
Average net prices – costs after accounting for grants, scholarships and tax benefits – at those schools grew to $15,380 from ...
2d
on MSN
Why home equity loan lending is rising (and what to do about it)
More and more borrowers are turning to home equity loans this year. Here's why you may want to pursue one, too.
MLB
4h
Rising stars who could shape Astros' future
This story was excerpted from Brian McTaggart's Astros Beat newsletter. To read the full newsletter, click here. And ...
2d
US consumers see higher long-run inflation, rising delinquency risk
Americans said they expected higher inflation over the longer run last month, as their expectations of credit turbulence rose ...
4d
After one-game return, Utah’s Cam Rising out for season following Utes’ second straight loss
Utah QB Cam Rising suffers second injury of the season, this time sidelining him for the remainder of the season.
3h
on MSN
Rising Star Secures Full-Time Ride with Rackley WAR for 2025 NASCAR Season
Eighteen-year-old Dawson Sutton has earned a full-time spot with Rackley WAR for the 2025 NASCAR Craftsman Truck Series.
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