Today's Mortgage Rates | Rates Are Elevated, and It May Be a While Before They Drop
These are today's mortgage and refinance rates. Mortgage rates went up after last week's Fed meeting, and they may only ease a little bit in 2025.
30-Year Mortgage Rates Hold at Highest Level Since July
After surging to a five-month high before the holiday, 30-year mortgages held steady Thursday. Rate movement was mixed across other loan types.
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, reflecting a recent jump in the bond yields that lenders use as a guide to price home loans.
Today's Mortgage Rates | Rates May Not Drop As Much As Expected Next Year
These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next year.
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 surge to 6.85%, highest since July
Despite an interest rate cut in early December, mortgage rates continue to rise. The average rate for a 30-year mortgage just increased to 6.85%, the highest since July.
Mortgage rates rise to close out 2024
Mortgage rates rise to close out 2024. Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate.
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
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Mortgage Rate Predictions for the End of 2024: What Comes Next?
But prospective homebuyers hoping for lower mortgage rates this holiday season are likely to be disappointed. The Fed ...
Mortgage Refinance Rates Tick Down From Recent 5-Month High
The 30-year mortgage refinance rate average retreated from its recent high but remains elevated. Many other refi loan types ...
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Mortgage rates are still rising, getting close to 7%
As we head into 2025, mortgage rates appear headed back to 7%. Freddie Mac reports its Primary Mortgage Market Survey ...
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 ...
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...