Mortgage rates rise, unlikely rate cut
This is a news story, published by Yahoo Finance, that relates primarily to The Federal Reserve news.
News about interest rates
For more interest rates news, you can click here:
more interest rates newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
current mortgage rates. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Mortgage rates news, year mortgage rates today news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Mortgage rates todayYahoo Finance
•Business
Business & Economics
Mortgage and refinance rates today, March 17, 2025: Expect rates to stay high
83% Informative
The Federal Reserve meets this week , but it's extremely unlikely that the central bank will cut the federal funds rate.
Mortgage rates should stay relatively high for at least a few more months.
A 15-year mortgage comes with a lower interest rate than a 30-year term because by spreading out your payments over 360 months , your monthly payment is relatively low.
Mortgage lenders typically give the lowest mortgage rates to people with higher down payments, excellent credit scores, and low debt-to-income ratios.
You can also buy down your interest rate permanently by paying for discount points at closing.
While mortgage rates have been inching down here and there, they will probably not significantly drop in 2025 .