Jill Slattery

Mortgage rates are a mixed bag this week, with some rates ticking up a bit since hitting their lowest point since September 2022. One rate, meanwhile, continued its downward trajectory.As of January 23, 2023, the average rate on a 30-year fixed mortgage is 6.47%, according to Bankrate. The average rate on a 15-year mortgage is

In a move that was widely predicted by economists, the Federal Reserve raised interest rates by 0.5 percentage points during its December 14 session, its last meeting of 2022.This marks the seventh time this year that the Fed has increased interest rates in an effort to combat rising inflation. The Federal Reserve had previously increased

In a move that was widely predicted by economists, the Federal Reserve raised interest rates by 0.5 percentage points during its December 14 session, its last meeting of 2022.This marks the seventh time this year that the Fed has increased interest rates in an effort to combat rising inflation. The Federal Reserve had previously increased