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30-year mortgage rate hits 6.91%, highest since Jul.
Mortgage Rates Tick Up, Nearing 6-Month High
After dipping for two days, 30-year mortgage rates edged higher, again nearing their highest level since early July. Rate movement was mixed for other loan types.
Mortgage rates start 2025 near 7%, hitting highest level since July
Demand for mortgages in the final week of 2024 fell sharply, a combination of holiday market slowness and rates near 7%, according to the Mortgage Bankers Association.
Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.
Average Rate for 30-Year Mortgage Reaches 6-Month High
The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday.
Mortgage Rates Reach Highest Point Since July
Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months,” said Sam Khater, Freddie Mac’s Chief Economist. “Compared to this time last year, rates are elevated and the market’s affordability headwinds persist.
US Mortgage Rates Rise to Highest Since Early July, Suppressing Demand
US mortgage rates climbed to an almost six-month high during the Christmas holiday week, suppressing applications for home purchases and severely undercutting refinancing activity.
4h
Refinance Rates Inch Up, Ending 3-Day Decline
After falling for three days, 30-year mortgage refinance rates changed direction to climb 3 basis points Tuesday, raising the ...
3h
on MSN
Mortgage rates inch closer to 7% to close out 2024
Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers. The standard, 30-year fixed-rate mortgage ...
9h
Credit card interest rate forecast for 2025: Rates will only fall a bit
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
1h
Major high street lenders kick off 2025 by slashing mortgage rates
TWO top mortgage lenders have kick-started the New Year by cutting rates as experts say there could be more price falls to ...
1d
on MSN
Which way will mortgage rates go in 2025?
Thus, I’m forecasting that, based on the 6.85% rate at year-end 2024, mortgages will run between 7.55% and 6.15% in 2025.
Crain's Detroit
4h
Mortgage rates approach 7% in ominous sign for housing market
The average interest rate on a 30-year mortgage rose to 6.91% as of Thursday, up from 6.85% a week earlier, according to ...
7d
on MSN
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 ...
The Advocate
2h
Norovirus infection rates are high – here’s what you need to know about the 'stomach bug'
Any affected person, they shed billions of viral particles while they're sick. And it only takes about 10 virus particles to ...
2d
Mortgage Refinance Rates Trend Down but Remain Elevated
The 30-year mortgage refi rate average ticked down for a third day but remained higher than recent averages. Other refi loan ...
6d
on MSN
Homelessness rates jumped by double digits in 2024 as Americans battled to afford housing
"It's just one point in time. It's a picture, a photograph, as opposed to a video" Ruege said.
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