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.
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 remained largely flat this week amid affordability hurdles among homebuyers, showed the latest Freddie Mac ...
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Current Mortgage Rates: January 23, 2025Freddie 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.
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