The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Olivier Douliery/AFP/Getty ImagesThe Federal Reserve has issued another cut to its benchmark interest rate, but unfortunately for homebuyers, it won’t translate to lower mortgage rates in the short term.As expected, the Fed cut its policy rate by a quarter-point on Thursday, to a new target range of
Richard Gere Sells Connecticut Home He Bought From Paul Simon for $10.75 Million—After Revealing Plans To Move to Spain
Getty Images/Realtor.com“Pretty Woman” star Richard Gere has sold the Connecticut estate he purchased from musician Paul Simon for $10.75 million, just a few months after he voiced his desire to leave the U.S. and pursue a life in Spain.The 75-year-old actor bought the six-bedroom, 11-bathroom New C
Mortgage Rates Rise to 6.79% in the Wake of Trump’s Presidential Victory
Realtor.com; Getty Images (1)Mortgage rates rose from 6.72% last week to 6.79% for a 30-year fixed home loan for the week ending Nov. 7, according to Freddie Mac.“Mortgage rates continued to inch up this week, reaching 6.79%,” Sam Khater, Freddie Mac’s chief economist, said in a statement.This shift
Categories
Recent Posts
