Mortgage News
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News for: Cleveland.com
Showing 1 - 5 of 5 results
Feb 1, 2026 4:30 AM
— Interest Rates
Fed pauses, but mortgage rates are already lower
The Federal Reserve has decided to keep the federal funds rate stable after a series of rate cuts. They are cautiously optimistic about the economy and will assess incoming data before making any further adjustments. The recent decrease in mortgage interest rates has been driven by various factors, including a potential purchase of mortgage-backed securities by the Fed. This purchase led to a sign... more
Oct 18, 2025 8:23 AM
— Mortgage Rates
Weekly mortgage rates fall as hiring stalls
Mortgage rates fell for the third week in a row due to businesses being reluctant to hire. The average rate on a 30-year fixed-rate mortgage fell to 6.11% APR, influenced by factors such as inflation and job creation. The expectation of more Fed rate cuts could lead to lower mortgage rates in the future.
Sep 27, 2025 8:23 AM
— Mortgage Rates
Will Fed rate cut help the housing market?
The Federal Reserve cut the federal funds rate by a quarter of a percentage point, which could impact mortgage interest rates. The housing market has been affected by high mortgage rates and economic uncertainty, causing buyers to stay on the sidelines. Refinancing may be a good option for homeowners looking for rate relief. Overall, the Fed rate cuts could potentially help the housing market in t... more
Sep 20, 2025 11:23 AM
— Mortgage Rates
Fed cuts rates as mortgage rates fall to 2025 low
The Federal Reserve cut the federal funds rate by 25 basis points, causing mortgage rates to fall below 6.5% for the first time in 2025. Despite rising inflation and a weakening job market, analysts predict that rates could continue to ease through late fall and winter. The Fed may cut rates again in October and December, potentially leading to a 50 basis point drop in mortgage rates by the end of... more
Aug 9, 2025 8:23 AM
— Mortgage Rates
Weekly mortgage rates plunge after bad jobs report
Mortgage rates have dropped to their lowest levels since March due to weaker job growth. Investors anticipate a Federal Reserve rate cut in September following a disappointing jobs report. Lower mortgage rates may not significantly impact the home buying season unless there is a recession, which could lead to lower home prices as well.
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.