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When will mortgage rates drop below 6%?
Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of Realtors (NAR). A 30-year fixed-rate mortgage at 6% would make the median-priced home affordable for about 5.5 million more households, NAR economists shared at the July 16 Real Estate Forecast Summit.
Mortgage Rates Today: August 1, 2025 – Rates Hold Firm
The current mortgage rate on a 30-year fixed mortgage fell by 1.14% in the last week to 6.65%, according to the Mortgage Research Center. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.05 percentage point during the same period to 5.
The best CD yield from a national bank is Northern Bank Direct, with a 4.50% APY on a nine-month CD with a $500 minimum ...
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood ...
Federal Reserve officials left interest rates unchanged, despite rare dissent among policymakers. Fed Chair Jerome Powell ...
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
Personal loans come in amounts from $1,000 to over $100,000, and interest rates, especially for those with top-drawer credit, ...
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
With interest rates paused this month, savers should consider making these strategic long-term CD account moves now.
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