Demand for mortgages in the final week of 2024 fell sharply, a combination of holiday market slowness and rates near 7%, according to the Mortgage Bankers Association.
Interest rates have been climbing since the Federal Reserve signaled last month that it expects to cut its benchmark rate ...
Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers.
Freddie Mac’s benchmark rate for a 30-year mortgage increased to 6.91% for the week ending January 2, 2025. With this week’s ...
The average interest rate on a 30-year mortgage rose to 6.91% as of Thursday, up from 6.85% a week earlier, according to ...
After dipping for two days, 30-year mortgage rates edged higher, again nearing their highest level since early July. Rate ...
After falling for three days, 30-year mortgage refinance rates changed direction to climb 3 basis points Tuesday, raising the ...
Mortgage rates climbed again for a third consecutive week to the since since July, with the 30-year fixed-rate average rising to just under 7% as the housing market remains stalled.