Average Rate for 30-Year Mortgage Rises to Highest Level in Months
Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says.
Mortgage Rates Are Ending the Year Higher. Why That’s Not All Bad News for Home Buyers.
Mortgage rates are ending 2024 higher than they began. It’s not all bad news for home buyers next year.Freddie Mac’s final weekly measure of the 30-year fixed mortgage rate this year rose to 6.85% on Thursday.
Mortgage rates end 2024 on a high note – unfortunately for the housing market
Mortgage rates ended 2024 with a bang – but not the kind that’s good for borrowers. And for anyone in the market for a home – or a refinance – 2025 may not be much kinder. In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85% ...
30-Year Mortgage Rates Hit 5-Month High-Water Mark
After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed across other loan types.
Mortgage rates rise for second straight week, highest since July
This week’s increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to Freddie Mac data. The lowest rate this year was 6.08% at the end of September, while the highest — 7.22% — was reached at the beginning of May.
Today's Mortgage Rates | Will Rates Drop Enough to Buy a House in 2025?
These are today's mortgage and refinance rates. Mortgage rates were supposed to drop in 2025, but sticky inflation has pushed them back up recently.
Mortgage rates rise to close out 2024
Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate. (Scripps News)
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, ...
Mortgage Rates Tick Back Up, Nearing Highest Level Since July
After retreating slightly, 30-year mortgage rates are back on the rise, edging back up to approach a five-month high. Rate ...
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Mortgage rates approach end of 2024 with a surge
Mortgage rates have run higher since the most recent Federal Reserve meeting as consumer spending points to economic strength ...
What the Fed’s slower 2025 rate cuts would mean for mortgage rates, savings, auto loans
The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed ...
Will you be able to refinance your mortgage in 2025? Here's what experts think.
"Many homeowners have seen significant equity growth due to rising property values. Refinancing in 2025 could allow them to ...
The 7 types of mortgage refinancing
A refinancing replaces your existing mortgage with a new one while a second mortgage is taken out in addition to your ...
Tariffs and Tax Cuts May Be a Formula for Higher Mortgage Rates
"If there are blanket higher tariffs on all goods crossing the border, then there will be higher inflation. If there are ...
Looking to refinance your FHA mortgage? Make it easier and cheaper with a streamline refinance.
With rates starting to drop, now could be a great time to refinance—and it could be a quick process if you can streamline.