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Mortgage Rates Keep Falling After Fed Rate Cut. Today's Mortgage Rates, Sept. 20, 2024

Summary by C|net
A couple of major mortgage rates moved down. Will rates continue to trend downward in 2024?

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Mortgage Rates Keep Falling After Fed Rate Cut. Today's Mortgage Rates, Sept. 20, 2024

A couple of major mortgage rates moved down. Will rates continue to trend downward in 2024?

·New York, United States
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The Arizona Sun TimesThe Arizona Sun Times

Mortgage Rates Dip to Lowest Level Since Early 2023 After Fed Rate Cut

Washington Examiner   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 6.09%, according to data released by Freddie Mac on Thursday, compared to 6.35% the week of Sept. 5 and a peak of 7.76% in November 2023. This marks the lowest rate since February 2023 and is likely due to the Fed’s intere…

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The Star News NetworkThe Star News Network

Mortgage Rates Dip to Lowest Level Since Early 2023 After Fed Rate Cut | The Star News Network

Washington Examiner   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 6.09%, according to data released by Freddie Mac on Thursday, compared to 6.35% the week of Sept. 5 and a peak of 7.76% in November 2023. This marks the lowest rate since February 2023 and is likely due to the Fed’s intere…

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