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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.
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.
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 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 Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam Khater, Freddie Mac’s chief economist. “The underlying strength of the economy is contributing to this increase in rates."
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.
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.
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.
30-year mortgage rates dip below 7% this week
Since its inception in 1970, Freddie Mac (OTC:FMCC) has played a pivotal role in helping millions of families to buy, rent, or maintain their homes. This week's survey results provide a glimpse into the current state of mortgage rates and their impact on the housing market.
Money.com on MSN
1d
Current Mortgage Rates: January 16, 2025
Freddie
Mac
’s benchmark rate increased over the past week as worries about inflation pushed 10-year Treasury yields, ...
3d
Drop in 30-Year Mortgage Rates Extends to a Third Day
After recently shooting up to the most expensive level since May, rates on 30-year loans have fallen considerably the last ...
National Mortgage News
1d
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.
1d
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 ...
5d
U.S. mortgage rates rise, surpass key milestone in 2025
U.S. mortgage rates rose for consecutive weeks in January of 2025. That's the word from Freddie Mac, which released its ...
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