Mortgage rates for September 19, 2024, remain near 5.60%, according to Zillow data. The Fed slashed rates this week, helping mortgage rates stay low after dropping earlier this month. Because the Fed is likely to cut rates further,

The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will mortgage rates fall from here on out? Not so much, economists say. The central bank announced a 50-basis-point cut to its benchmark rate,

Mortgage rates declined to their lowest level since February 2023 after the Federal Reserve instituted a significant interest rate cut. In the past week, the standard 30-year, fixed-rate mortgage averaged 6.