Mortgage rates continue to inch up, supply remains an issue
Mortgage rates continued to climb up, as strength of the economy put upward pressure, while lack of entry-level supply remained an issue, the latest Freddie Mac Primary Mortgage Survey showed. 30-year fixed-rate mortgages averaged 6.
Mortgage Rates Continue to Trend Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.93 percent. "In the first full week of the new year,
US 30-year fixed-rate mortgage rate hovers just under 7%
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.
Mortgage Rates Today: January 8, 2025—Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 7.34%, compared to 7.29% a week earlier, according to Curinos. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 6.
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
The ‘Hidden Force’ That Can Bring Mortgage Rates Down
How home buyers could get a little break even if yields stay high.
Today’s Personal Loan Rates: January 8, 2025—Rates Drop
Rates on personal loans declined last week, giving qualified borrowers a chance to pick up a fair interest rate and finance a project, purchase or even unexpected bills. From December 30 to January 4,
Today's Mortgage Rates | Rates Up, but There's Still Hope for Borrowers
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
Mortgage rates rise for fourth straight week, inching closer to 7%
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.
Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
Mortgage rates hit 6-month high, loan applications dwindle
Economists predict interest rates will come down in 2025 but not enough to provide meaningful relief to prospective ...
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Here’s where mortgage rates could be headed in 2025
The National Association of Realtors preditcs mortgage rates will be around 6% in 2025. Meanwhile, Redfin predicts mortgage ...
30-Year Mortgage Rates March in Place for Third Day
For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was mixed for other loan types.
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How 7% mortgage rates will change housing for a decade
In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an ...
5 ways to save on your mortgage payments this January, according to experts
If you're among the millions of Americans who locked in a mortgage interest rate above 7%, you may have a chance to reduce ...
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's ...
What To Expect in Mortgage Rates and Savings Accounts in 2025
As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of ...