Why Mortgage Rates Are Climbing
Mortgage rates have inched higher recently, after falling for several weeks. We take a look at the economic factors that affect rates, and where they might settle in the future. Why have mortgage interest rates been rising since the fed cut rates in september? Caleigh wells oct 16, 2024. 9 at 6. 52%, according to a mortgage bankers association survey,.
Since the fed cut rates on sept. 18, mortgage rates have actually been climbing. Mortgage rates are ticking up, even after the federal reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.