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Will mortgage rates fall after the July Fed meeting? Here's what experts expect
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
Mortgage rates move higher again
Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.
The ‘lock-in effect' is making it harder to buy a home—even if mortgage rates fall
A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.
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Mortgage applications fell by 10% in just one week
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7%, while purchase app
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