This is a news story, published by Yahoo Finance, that relates primarily to the Federal Reserve news.
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Mortgage rates todayYahoo Finance
•Business
Business & Economics
84% Informative
Wall Street isn't looking for an interest rate cut from the Federal Reserve tomorrow .
The 30-year fixed mortgage rate eased up five basis points to 6.75% .
The 15-year mortgage rate clicked up one basis point to 5.99% .
Homebuyers shouldn't make mortgage decisions based on things they can't control.
The trajectory of future mortgage rates will largely depend on the Federal Reserve’s decision on whether or not to cut the federal funds rate at its 2025 meetings.
According to the CME FedWatch tool, there's essentially no chance ( 99.8% odds) that the rate will also remain unchanged at the Fed 's meeting this week .
Today 's 30-year fixed rate is 6.75% for home purchases and 6.90% for refinances.
VR Score
90
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92
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52
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informal
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English
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35
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Attention-grabbing headline
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