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Best Mortgage Refinance Rates - Jul. 18, 2025
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"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'"
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its current target range for the federal funds rate. Analysts now see little chance of a rate cut in the near term. That means HELOC borrowers are unlikely to see significant rate drops anytime soon.
According to a June 9 Lending Tree report, Oklahoma has the highest average homeowners insurance premium in the country.
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates.
In a wide-ranging interview with Yahoo Finance Federal Reserve Reporter Jennifer Schonberger, Chicago Fed President Austan Goolsbee discusses how tariffs impact his outlook for inflation and what he wants to see from the US economy in order to cut rates.
If Trump allies really wanted to see homes become more affordable, he would push for less monetary inflation and for lower federal deficits.
July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.
Countries that typically had large families in those regions are joining most of the rest of the world in declining fertility. That news is not actually new. In 2023, Americas Quarterly reported that Brazil “shrank” by close to 5 million people if you count children who were never born due to falling birth rates.
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