Today's Mortgage Rates, Nov. 12, 2024 | Rates Drop Back Down

Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
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Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.