Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Today's Mortgage Refinance Rates by State – Nov. 6, 2024
New York, California, and Washington currently have the lowest 30-year mortgage refi rates The states with the cheapest 30-year mortgage refinance rates Tuesday were New York, California, Washington,
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
Refinance Rates Drop Again, to an Almost 3-Week Low
Mortgage refi rates have fallen for a second day, lowering the 30-year average to its cheapest level since mid-October. Most other loan types saw rates hold steady or drop.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
Mortgage rates could remain stubbornly high after Trump win — here’s why
Consumers had hoped the Fed’s recent interest rate cuts coupled with a Trump administration would ease mortgage rates.
Why mortgage rates and an election couldn’t slow down new development
October netted 293 new development contracts, the most this year, led by luxury signings at The Henry, 255 East 77th Street ...
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New York Mortgage Trust Inc
New York Mortgage Trust Inc focuses on investing in, financing, and managing a variety of mortgage and real estate assets, primarily in the United States. Its portfolio includes residential ...
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Mortgage Rates in New York
Terms may apply to offers listed on this page. If you're looking to buy a home in New York, your goal should be to secure the best mortgage rates available in the Empire State. It certainly pays ...