Fed Rate Drop Shapes Loans, Mortgages Ahead
The Fed’s quarter-point cut may slowly influence mortgage rates, which are already near yearly lows, while auto loan rates are expected to shift more gradually.
Mortgage Rates Hold Near Annual Low
The average 30-year mortgage rate inched up to 6.22% from 6.19% last week, while 15-year rates rose slightly to 5.54% from 5.44, Freddie Mac said.
Bolder Interiors Take Hold in Homes
A shift toward color drenching shows renewed interest in warmer, more expressive interiors that could translate well in listing photos and online tours.