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1970s mortgage rate trends. The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac.
Average mortgage rates are lower as of Thursday, January 30, 2025, a day after the Federal Reserve announced it was keeping benchmark interest rates unchanged at a range of 4.25% to 4.50% — the ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Average mortgage rates tick lower across popular terms as of Tuesday, December 17, 2024, with the Federal Reserve set to begin its final rate-setting session of the year.Traders expect the Fed ...
Mortgage rates open the week steady as of Monday, October 21, 2024, with the average 30-year benchmark at 6.58% — some 40 basis points higher than a month ago, when the Federal Reserve lowered ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
New data from Freddie Mac shows average mortgage rates for 30-year terms sliding closer to 6.00% as of Friday, September 20, 2024, rounding out a week in which the Federal Reserve announced a long ...
Why are mortgage rates so high? During 2020 and 2021, many homebuyers were able to get mortgage rates approaching or even below 3%. But with the federal government injecting money into the economy ...