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US Mortgage Rates Rise to Highest Since Early July, Suppressing Demand
US mortgage rates climbed to an almost six-month high during the Christmas holiday week, suppressing applications for home purchases and severely undercutting refinancing activity.
Average 30-year mortgage rate hits 6.91%, Freddie Mac says, the highest since July
WASHINGTON -- U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.62% a year ago.
Mortgage Rates Reach Highest Point Since July
Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months,” said Sam Khater, Freddie Mac’s Chief Economist. “Compared to this time last year, rates are elevated and the market’s affordability headwinds persist.
1h
US 30-year fixed-rate mortgage flirts with 7%
U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be ...
42m
on MSN
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year ...
23m
Mortgage Rates Tick Up, Nearing 6-Month High
After dipping for two days, 30-year mortgage rates edged higher, again nearing their highest level since early July. Rate ...
6h
on MSN
Today's Mortgage Rates | Where Will Rates Go This Year? Ask Trump.
These are today's mortgage and refinance rates. Mortgage rates are expected to ease this year, but that hinges on inflation ...
CNET on MSN
3d
2025 Mortgage Rate Forecast: A Long and Bumpy Road to Recovery
In 2024, the path to lower mortgage rates seemed relatively clear-cut: Official inflation would go down, the Federal Reserve ...
1d
The Fed Is Cutting - Why Are Mortgage Rates Going Up?
Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are ...
HousingWire
2d
The biggest mortgage rate stories of 2024
2024 was a disappointing year for those looking forward to a Fed rate-cut cycle and what that could do to mortgage rates. A ...
7d
on MSN
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, ...
Forbes
6d
Mortgage Rate Lock Guide
If you want to avoid uncertainty and preserve the
rate
in your
mortgage
loan offer, get a
mortgage
interest
rate
lock. Interest
rate
locks can offer peace of mind to borrowers, but they are ...
CNET on MSN
5d
Mortgage Rate Predictions: Holiday Week Brings Higher Rates
Although experts optimistically predicted rates would fall close to 6% by the end of 2024, projections have changed ...
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