Mortgage Rates Today, Nov. 29, 2024: Slow Day for Data But Not Necessarily for Rates
There are no economic reports this morning. But a couple of things might still move mortgage rates today.
November 29, 2024 2 MIN
There are no economic reports this morning. But a couple of things might still move mortgage rates today.
Trump told rally-goers in Arizona that mortgage rates would fall to 2% during his presidency. Is that anywhere near possible?
The Fed is all but guaranteed to cut its key interest rate today. Unfortunately, mortgage rates will probably move higher.
Trump will be the president for the next four years. What that could mean for mortgage rates.
Mortgage rates have steadied since last week's roller coaster. But another important report is about to be published that could again take rates for a ride.
Mortgage rates just dropped to 16-month lows. Here what happened and what mortgage shoppers should know.
Two highly significant events this week have the potential to set mortgage rates moving up or down for months to come.
A mortgage rate lock captures a rate on a specific day. But when should you lock when buying or refinancing a house?
The Fed could look to cut rates in September, but only if inflation numbers cooperation, some of which come out Friday.
The latest inflation reading could spell better times for mortgage rates. But the Trump assassination attempt could swing rates higher this week due to the "Trump Trade."
Mortgage rates are driven by inflation and other economic data. But one factor is influencing them more than normal: low demand for government debt.
The mortgage market awaits good as the Consumer Price Index (CPI) report and Federal Reserve Chair Jerome Powell’s testimony before Senate and House committees on Capitol Hill approaches.
Arguable the most influential economic report comes out Friday. A downbeat report could help mortgage rates, since weaker jobs data gives the Fed stable ground on which to make the rate-cut argument.
It will likely be a calm week for mortgage rates -- that is, until Friday rolls around.
Mortgage rates have been on a roller coaster of late. What might 2025 bring for rates?
The Fed issued an anticipated rate cut, but it was bigger than many expected. How mortgage rates are reacting.
Many homeowners who purchased since September 2022 might save money with a refinance, thanks to falling mortgage rates.
Falling mortgage rates have equated to an estimated $300-per-month drop in the mortgage payment on a $350,000 home.
