Will mortgage rates fall after the July Fed meeting? What experts expect. Industry experts generally don't foresee meaningful mortgage rate drops right after the July Fed meeting.
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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%.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
Despite all of the economic data and news headlines over the past few days, mortgage rates have barely budged since last Friday. That was not what we expected this week given the anticipation for the inflation reports that came out on Tuesday and Wednesday.
Markets are predicting an 11-per cent-chance of a rate cut when the Bank of Canada makes its decision on July 30
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A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.