The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.
Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.
Mortgage rates remained largely flat this week amid affordability hurdles among homebuyers, showed the latest Freddie Mac ...
Freddie Mac’s average rate on a 30-year fixed-rate loan dropped below 7% and is averaging 6.96%, a decrease of 0.08 ...
MCLEAN, Va. (AP) — The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged.
Mortgage experts were expecting the first FOMC meeting under President Trump would have more significance in the long run than short-term, with some wild cards.
President Trump wants to privatize Fannie Mae and Freddie Mac. A survey shows nearly half of investors expect it by 2028.
Fairway Independent Mortgage ranked well above average on J.D. Power's 2024 Mortgage Origination Satisfaction Study and has ...
The U.S. housing market faces challenges as sales plummet to 30-year low amid soaring prices and mortgage rates.
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
Freddie Mac: Expect rate volatility through the end of 2024 According to its November Economic, Housing and Mortgage Market Outlook, Freddie Mac expects mortgage rates to stay elevated and ...
the rehabilitation of units for more than 10,000 and preserved affordability without subsidy through Freddie Mac loan terms for nearly 11,000 families. Forward commitments showed continued strength in ...