The average 30-year fixed-rate mortgage started the decade at about 7.5% in 1971 (the earliest year for which data is available), according to Freddie Mac. By 1979, the rate had risen to an average of ...
In 1971, George Lucas released his first feature-length movie, the Baltimore Colts won Super Bowl V and the average 30-year mortgage rate was 7.54 percent. That rate is pretty close to what we’re ...
Checking today's mortgage rates could be putting you in some limbo: are these the best rates you can get or should you wait?
Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...
Last week, the Federal Reserve delivered a quarter-point rate cut at the close of its October meeting, lowering the benchmark rate to a range of 3.75% to 4%, with the goal of helping to ease borrowing ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
I’m bald. December is “toboggan time” for me. I lose them often. I rely on them like an appendage. After a few maddening minutes of searching as I’m walking out the door, I succumb to eventual ...
When looking at mortgage offers online, the interest rate doesn't always show the whole picture. Often, the lowest advertised mortgage rate includes 1 or more discount points, which translates to ...
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 ...
In response to mounting warning signs from the labor market, the Federal Reserve is preparing to cut its benchmark interest rate for the first time in nine months. Most economists and investors expect ...