Average rate on 30-year mortgage in US hits highest level in nearly 3 months
The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months
Here’s why mortgage rates are rising after the Fed’s rate cut
US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved.
Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.
The continued strength in the economy drove mortgage rates higher once again this week,” Sam Khater, chief economist at Freddie Mac, said in a statemen
US 30-Year Fixed-Rate Mortgage Rises to 6.54%
The average rate on the popular 30-year fixed-rate mortgage rose to 6.54% from 6.44% last week, mortgage finance agency Freddie Mac said on Thursday. It averaged 7.79% during the same period a year ago.
The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
Mortgage rates rise for fourth straight week
Mortgage rates have climbed higher for a month straight, pushing down demand as more Americans become priced out of the housing market due to high rates and home prices.
Mortgage rates went up again this week
Mortgage rates are headed higher again and some experts think it’s not impossible that the key 30-year rate will approach 7% again, after falling to a low
Average rate on a 30-year mortgage in the US rises again to highest level in nearly 3 months
The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months.
Mortgage Rates Today, Oct. 23: Median Rate Rises to 6.88%
As of Oct. 23, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.88%, which is 0.13 percentage points higher than yesterday.
Today's Mortgage Rates, October 23, 2024 | Rates Dropped in September. Why Did They Rise This Month?
These are today's mortgage and refinance rates. Mortgage rates have increased in October, but they're expected to trend down again in 2025.
Mortgage Rates Keep Rising, Notching a 3-Month High
After hovering for two weeks, 30-year mortgage rates have now climbed higher for a week—reaching their highest level since July. Most other loan averages also rose Wednesday.
Freddie Mac Issues Monthly Volume Summary for September 2024
MCLEAN, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for September 2024, which provides information on Freddie Mac’s mortgage ...
Mortgage rates climb north of 6.5% for first time since August
Mortgage rates climbed for the fourth consecutive week, hitting the highest levels since August and adding a fresh chill to ...
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Election season, economic strength drive latest interest rate volatility
While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business ...
Freddie Mac Prices Approximately $272.2 Million SLST Securitization
The transaction includes approximately $245.0 million in guaranteed senior certificates and approximately $27.2 million in non-guaranteed subordinate certificates. The subordinate certificates were ...
Refinancing a jumbo loan: What to know
Refinancing a jumbo loan could potentially mean big savings. While similar to a typical mortgage refinance, you can expect ...