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Home Prices

In October, mortgage rates were around 8%, but that didn’t deter home sellers. Data compiled by CoreLogic shows home prices that month were 4.7% higher than in October 2022.But all real estate is local. Price changes varied from market to market across the country.To provide a visual element to these price changes, the Federal Reserve…

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Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 14, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday. Due to encouraging economic data, the Fed cut the federal funds rate by 0.25 percentage…

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