Freddie Mac says the average rate on a 30-year mortgage slipped to 6.78% this week, ending a six-week climb
Freddie Mac says the average rate on a 30-year mortgage slipped to 6.78% this week, ending a six-week climb
Average rate on a 30-year mortgage slips for first time in weeks
Despite its recent upward move, the average rate on a 30-year mortgage is still down from 7.22 percent in May, its peak so far this year. In late September, the average rate got as low as 6.08 percent — its lowest level in two years.
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
Mortgage rates ease for first time in weeks
Mortgage rates in the U.S. declined for the first time in seven weeks. The average for a 30-year, fixed loan was 6.78%, down from 6.79% last week, Freddie Mac said Thursday in a statement. That’s still down from a year ago when the rate averaged 7.4%.
After two months of rises, mortgage rates are finally declining
Mortgage rates in the U.S. declined for the first time in seven weeks, Bloomberg reports.  The average for a 30-year, fixed loan is 6.78%, down from 6.79% last week, Freddie Mac said in a statement Thursday.
Why 2% Mortgage Rates Are a Thing of the Past
It's easy to hold up sub-3% mortgage rates as the gold standard. Four years ago, the average rate for a 30-year fixed mortgage was 2.65%. Bargain mortgage rates made it cheaper to purchase a house and refinance a mortgage,
How Mortgage Rates Will Change in 2025, According to Experts
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.
Mortgage Rates Today, Nov. 14: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage
D-FW homebuyers waiting out high mortgage rates
Axios Visuals The Federal Reserve has cut interest rates twice this year, but the wait continues for many North Texans looking to buy a home or refinance with a better mortgage rate. Driving the news: Mortgage rates rose after President-elect Trump's victory and are expected to stay higher for longer than anticipated,
Understanding The Future Direction Of Mortgage Rates
To better understand the future direction of mortgage rates, we need to understand what factors influence them.
Mortgage Rates Today: November 13, 2024—Rates Remain Fairly Steady
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...
HousingWire5h
Fannie and Freddie ‘met or exceeded’ almost all single-family housing goals over four years
The Congressional Budget Office assessed the GSEs' performance in meeting their goals based on FHFA data from 2018 through ...
An under-the-radar Trump trade has soared on hopes of a big shake-up in the US mortgage industry
A second Trump presidency could revitalize efforts to privatize Freddie Mac and Fannie Mae, mortgage giants that the US took ...
Mortgage rates stay flat as Trump’s second term comes into focus
Mortgage rates stayed flat from last week at 6.78% as financial markets reacted to President Trump's re-election.
ConsumerAffairs5h
After the election, mortgage rates level off
After climbing for the last six weeks, mortgage rates have leveled off. They didn’t go down this week but they didn’t go up ...
Freddie Mac: A Strong Trump Trade Candidate
Freddie Mac shares surged 39% after Trump's re-election, as investors bet on a potential privatization of the company. See ...
Mortgage News Daily1dOpinion
Capital Markets Class, CFO Oversight, Correspondent, Non-QM products; Freddie and Fannie Changes
When I was young man, I met a girl in Tennessee who turned out to be a moonshiner’s daughter. That was a long time ago. But I ...
Axios on MSN12h
Pennsylvania housing prices rose 440% in last 40 years
Axios Visuals Pennsylvania home prices have spiked more than 440% over the past four decades, according to one analysis of Freddie Mac data. Why it matters: That sounds bad but we're below the ...