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Freddie Mac reports an average 6.93% for a 30-year fixed-rate mortgage, up 2 basis points from last week's average 6.91%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
There's a good chance that mortgage rates will drop before 2025. But don't expect a plunge -- rather, it's more likely we'll see a modest decline from where rates stand today.
Freddie Mac reports an average 6.96% for a 30-year fixed-rate mortgage, down 8 basis points from last week's average 7.04%, according to its weekly Prime Mortgage Market Survey of nationwide ...
"Continued economic growth and worries about inflation and government debt will keep mortgage rates elevated," McBride wrote. Mortgage rates could end 2025 at 6.5%, he predicted.
Freddie Mac reports an average 7.04% for a 30-year fixed-rate mortgage, up 11 basis points from last week's average 6.93%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Rates have been more or less historically average for the last couple of years, but with the Federal Reserve poised to make at least one more cut to the federal funds rate in 2024 and more in 2025 ...
It wasn't too long ago that you could take out a mortgage with a less than 3% interest rate -- the average 30-year fixed rate reached a record low of 2.65% in January 2021. While we've now settled...
Average mortgage rates tick lower as of Thursday, February 6, 2025, with the 30-year fixed benchmark continuing to hover just under 7.00%. The market is keeping an eye on tomorrow's jobs report ...