U.S. mortgage rates rise for 3rd week in a row

Credit: bizjournals- Published on November 4, 2019
U.S. mortgage rates have risen for third week in a row, according to Freddie Mac. The 30-year fixed mortgage averaged 3.78 percent for the week ending Oct. 31 — an increase from 3.75 percent last week. A year ago, mortgage rates stood at 4.83 percent. Low mortgage rates help propel U.S. home sales and the refinance market....

Credit: Wochit News
Published on November 3, 2019 -  00:34
4 Key Things To Do With Your Money After The Fed's Interest Rate Cut
The Federal Reserve slashed interest rates yet again on October 30, in the third rate cut since late July. To take advantage of the low Fed funds rate, consider consolidating credit-card debt. It's also a great time to think about refinancing those onerous student loans. And despite lower interest rates on savings accounts, it's always a good time to store money in a high-yield savings account. Also, Business Insider reports mortgage rates on fixed-term loans are low compared to last year.

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