Mortgage rates fall to levels last seen in September – CNN

Washington CNN — Mortgage rates fell this week as economic data showed lower inflation. According to Freddie Mac, the average rate on 30-year fixed-rate mortgages was 6.15% for the week ending Jan. 19, down from 6.33% the week before. A year ago, the 30-year fixed rate was 3.56%. “Mortgage rates have eased again this week […]

Stocks Erase Gain With Earnings, Rates in Focus: Markets Wrap – Yahoo Finance

(Bloomberg) — U.S. stocks wiped out gains in volatile trading as investors weighed the outlook for corporate earnings and the prospect of tightening central banks. Bloomberg’s most read articles The S&P 500 is below the 4,000 level and the Nasdaq 100 is down 0.2% after six days of gains. Blue chip Dow Jones Industrial Average […]

Housing expert: ‘We can expect mortgage rates to go down’ – Yahoo Finance

Homebuyers may finally have a breather this year, according to one expert, as signs of easing inflation could push mortgage rates down again this month. “Mortgage rates have fallen almost 1 percent since peaking in November,” Melissa Cohn, vice president of real estate brokerage firm William Raveis, told Yahoo Finance Live (video above). “I think […]