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Mortgage rates rise for 4th straight week
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
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
Mortgage Rates Rise Above 6.5%
Mortgage rates rose to the highest level since early August last week. The average rate on the standard 30-year fixed mortgage reached 6.54%, according to a survey of lenders by Freddie Mac. Mortgage rates fell toward 6% in the build up to the Federal Reserve's interest-rate cut in September,
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 Increase Once Again
MCLEAN, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.54 percent.
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.
Mortgage rates up again
The rate rose to 6.54% from 6.44% last week, mortgage buyer Freddie Mac said Thursday. Despite the recent uptick, the average rate is down from a year ago, when it climbed to a 23-year high of 7.79%.
31m
Mortgage rates continue to climb
The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months.
1d
30-Year Mortgage Rates Climb Again, Hitting 12-Week High
Rates on 30-year loans had wavered for two weeks, but have now pushed higher for four days, reaching their highest level ...
15h
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 ...
Boston.com
18h
Mortgage rates rise for the fourth week in a row
A year ago, it averaged 7.03 percent,
Freddie
Mac
said. Five years ago, it averaged 3.18 percent, according to the ...
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