Each point costs 1% of the purchase price of a home and usually knocks the rate down by 0.25%. On a $400,000 home, you'd pay ...
Homebuyers may not like the new normal of mortgage rates in the high 6% range, but they're getting used to it.
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 appear stuck in a range between 6% and 7%. Freddie Mac reports its Primary Mortgage Market Survey shows the 30 ...
As federal interest rates cautiously decrease, data on Mississippi’s mortgage interest rates offer evidence of the opposite.
Mortgage rates rise to close out 2024. Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate.
The 30-year fixed mortgages in this week’s survey had an average total of 0.25 discount and origination points. Discount ...
After three weeks of consecutive declines, the national average 30-year fixed rate mortgage (FRM) rose to 6.72% as of Dec. 19 ...
In a historical sense, a good mortgage rate is generally at or below the national average. The 30-year fixed mortgage rate since 1971 has averaged 7.72%, according to Freddie Mac. In the last year ...
Sales of existing single-family houses, townhouses, condos, and co-ops that closed in November fell to 315,000.
"Mortgage rates are likely to remain in the high-6% range throughout 2025, with the weekly average rate fluctuating ...