Mortgage rates retreat as markets hope for Fed cut
Mortgage rates dropped a bit lower this week in anticipation of another Fed cut.
About the author
Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
Since 2019, Jeff has served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
Jeff is the author of How to Buy a Home in a Miserable Market, available in paperback and e-book on Amazon.
Mortgage rates dropped a bit lower this week in anticipation of another Fed cut.
For much of the U.S., the divide between conforming loans and jumbo mortgages will be $832,750.
Bankrate analysts and others weigh in on what to expect for mortgage rates in December.
Mortgage rates dropped a bit lower this week.
As they struggle to persuade Americans to buy new homes, homebuilders have leaned hard on a new tactic: Builders’ mortgage arms are wooing consumers with cut-rate home loans. The average mortgage rate [...]
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