30-Year Mortgage Rates Tick Up for 1st Time in Over a Week

30-Year Mortgage Rates Tick Up for the First Time in Over a Week
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.
Mortgage Rates Down After Five Weeks Of Increases
The 30-year fixed-rate mortgage (FRM) broke a five-week upward trajectory and dipped to 6.96%, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). At this same time last year, the rate averaged 6.
Average mortgage rate slips below 7%, falling for first time in 5 weeks
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.69%.
Mortgage rates aren't likely to fall any time soon — here’s why
Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.
Mortgage rates declined this week, falling below 7%
After rising for several weeks, mortgage rates have dipped slightly this week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fix
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time since May as the housing market continues to struggle.
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday.
Q1 2025 mortgage rates: 30-year fixed loans to average 6.7%
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
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Mortgage rates drop but treasury yields tell another story
The 30-year fixed rate mortgage fell back under 7% this week, the Freddie Mac survey found. But Treasury yields started rising again in recent days.
Mortgage Rates Drop Below Seven Percent
“After crossing the 7%-mark last week, the 30-year fixed-rate mortgage saw its first decline in six weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “While affordability challenges remain, this ...
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Trump promised lower housing prices. Mortgage rates stand in the way.
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The 30-year mortgage rate is back below 7%. How does this affect your purchasing power?
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near future.” ...