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
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The average rate on a 30-year mortgage in the US slips to 6.78%
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