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Mortgage rates drop for first time in seven weeks | CNN Business » Mortgage rates ticked down this week, snapping a seven-week streak of increases. Cnn.com

Interest Rate Risk Between Long-Term and Short-Term Bonds » Find out the differences and effects of Interest rates between Long-term and short-term bonds. Read how interest rate risk affect and impact these bonds and learn how you could avoid it. Investopedia.com

Mortgage Interest Rate Forecast for 2023-2024: When Will Rates Go Back Down? » After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending Nov. 10, 2022, rates had climbed to 7.08%, topping 7% for the first time since 2002. Rates dropped off again after that but have trended upward since February, reaching 7.57% the week ending October 12-- the highest so far this year. The rate is 7.57% as of the week of Oct. 12. It remains to be seen whether this trend will continue or whether economic forces will drive rates down again in 2023. What Is the Interest Rate Forecast for 2023? In recent months, the Federal Reserve has been regularly raising the federal funds rate. Many factors influence this decision. But the Fed's mission to tame inflation through raising rates has been a major factor. The Federal Reserve has a stated goal of pushing the inflation rate down to a target of 2%. As of writing, the Consumer Price Index, widely regarded… Gobankingrates.com

'Don't blame the Fed' for high mortgage rates, says Zillow senior economist—the real culprit and his predictions for 2024 » Orphe Divounguy says mortgage rates are more closely tied to 10-year Treasury yields than to the Federal Reserve's benchmark rate. Cnbc.com

When will the Fed cut interest rates in 2024? Here's what experts now say and the impact on your money. » After a hotter-than-expected inflation report on Tuesday, economists now believe the Fed could postpone its first rate cut. Here's what to know. Cbsnews.com

r/AskEconomics on Reddit: Why are banks under pressure? Shouldn’t high interest rates be good for their earnings? » Posted by u/Zeno_Fobya - 241 votes and 179 comments Reddit.com

Will mortgage rates go down in 2024? » Will mortgage rates go down in 2024? Rates are generally expected to drop this year, but when they'll drop and by how much largely depends on inflation. Businessinsider.com

Seven factors that determine your mortgage interest rate | Consumer Financial Protection Bureau » Understand the key factors that affect your interest rate. Use our Explore Rates Tool to see how they may affect interest rates for loans in your area. Consumerfinance.gov

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