Today's Mortgage Rates | Rates Are Elevated, and It May Be a While Before They Drop
These are today's mortgage and refinance rates. Mortgage rates went up after last week's Fed meeting, and they may only ease a little bit in 2025.
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The popular loan product averaged 6.72% throughout the year, compared to 6.81% throughout 2023, even as the Federal Reserve cut its benchmark interest rate three times in 2024.
Mortgage Rates Are Ending the Year Higher. Why That’s Not All Bad News for Home Buyers.
Mortgage rates are ending 2024 higher than they began. It’s not all bad news for home buyers next year.Freddie Mac’s final weekly measure of the 30-year fixed mortgage rate this year rose to 6.85% on Thursday.
Today's Mortgage Rates | Rates May Not Drop As Much As Expected Next Year
These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next year.
Mortgage rates rise again, finishing the year at 6.85% — just about the way they started
Mortgage rates rose again this week to end the year slightly higher than where they began. The average 30-year fixed-rate mortgage rate was 6.85% for the week through Wednesday, according to Freddie Mac data. That’s up from 6.72% a week earlier. Average 15-year mortgage rates rose to 6% from 5.92%.
Mortgage rates rise for second straight week, highest since July
This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.
Mortgage rates continue to rise
Interest rates for 30-year mortgages reached a five-month high. The asking price — $200 million for the land alone — is more than what Bezos paid for any of his three properties on the island. Unfortunately,
30-Year Mortgage Rates Hold at Highest Level Since July
After surging to a five-month high before the holiday, 30-year mortgages held steady Thursday. Rate movement was mixed across ...
Mortgage rates surge to 6.85%, highest since July
Despite an interest rate cut in early December, mortgage rates continue to rise. The average rate for a 30-year mortgage just ...
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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 ...
Mortgage Refinance Rates Tick Down From Recent 5-Month High
The 30-year mortgage refinance rate average retreated from its recent high but remains elevated. Many other refi loan types ...
Average mortgage rates close 2024 at the highest since July
The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from ...
Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025
The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying ...
Mortgage interest rates expected to lower in 2025: Real estate expert | Morning in America
Michael Romer, a managing partner at Romer Debbas, LLP, says mortgage interest rates are expected to stabilize around 6% in ...
Tariffs and Tax Cuts May Be a Formula for Higher Mortgage Rates
"If there are blanket higher tariffs on all goods crossing the border, then there will be higher inflation. If there are ...