Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.13%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday. Federal Reserve policymakers are weighing another interest rate cut this week. According…

Read More

Get ready for inflation and interest rates to rise again

By President-elect Donald Trump said he would implement tariffs on imported goods.Economists said the proposals could boost inflation and raise prices for consumers.The Federal Reserve would likely respond to inflation by raising interest rates to curb demand. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download…

Read More

Arizona enshrines abortion rights, ends 15-week ban as Proposition 139 sails to approval

Prop. 139, a proposed state constitutional amendment to safeguard abortion rights in Arizona, has divided voters. The measure would ensure access to abortion through fetal viability, more than two … [embedded content] WASHINGTON – Arizona voters have enshrined abortion rights in the state constitution, approving Proposition 139 by a decisive margin of nearly 2-1. Passage…

Read More

Today’s 30-year mortgage interest rates hold at 6.88% while 15-year terms drop to 6.00%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 6, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.00%, which is 0.13 percentage points lower than yesterday. Federal Reserve policymakers are weighing another interest rate cut this week. According to Freddie Mac,…

Read More