Property News
The Fed cut interest rates but mortgage costs jumped. Here's why
CNBC - 21 Dec 2024 00:53
The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.
How the Federal Reserve's rate policy affects mortgages
CNBC - 21 Dec 2024 15:00
Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.