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Fast-forward to October 2023, and the 30-year mortgage rate broke through 8 percent — an average not seen since 2000. For most of 2024, mortgage rates have lingered in the 6s and 7s.
Mortgage rates hit their highest point in more than 20 years, with the 30-year fixed-rate mortgage averaging 7.09% on Aug. 17, according to Freddie Mac. In turn, the homeownership dream remains ...
Get insights into the 2024 mortgage rate forecast. Learn when mortgage rates might go down and plan your financing strategy accordingly.
The average rate for a 30-year mortgage more than doubled between August 2021, when it was just 3 percent, and October 2023, when it reached 8 percent. (Rates have now dipped a bit and were back ...
Mortgage rates skyrocketed this year, going from just over 3% for a 30-year fixed-rate mortgage at the beginning of the year to over 6.3% for the same loan in mid-December. Mortgage rates have been...
Current mortgage rate trends After rising sharply through October 2023, mortgage rates have settled around 7 percent. The average rate on a 30-year mortgage was 7.01 percent as of March 27 ...
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