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30-year fixed-rate mortgage: 5.75%. Change: -1.15 percentage point. Highest since 2009. Mortgage rates ended 2023 with a cooldown almost as fast as the surge.
Regardless of how mortgage rates trend in the coming months, you can take steps to save money on yours. First, do your best to boost your credit score to the upper 700s. Of course, you can aim for ...
After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...
Mortgage rates took homebuyers on a roller-coaster ride in 2023. In 2024, the journey should prove less jarring — and mostly downhill. Greg McBride, Bankrate’s chief financial analyst, expects ...
Growing home prices. Housing experts say home prices will continue to rise for the rest of 2024. Fannie Mae forecasts a nearly 5% price appreciation by the end of 2024. NAR predicts the year-end ...
Prospective homebuyers that exited the market in 2023 due to high home prices and mortgage rates may fare better in 2024. A new Realtor.com report predicts that the average mortgage rate in 2024 ...
Where will rates go. Hale and Realtor.com forecast that in 2023 rates will average 7.4%, followed by early rate hikes in the first half of the year, and a slight retreat to 7.1% by the year-end.
Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in January 2025 and beyond. ... Mortgage rate forecast February 2025. Jeff Ostrowski. February 1, 2025 at 5:00 AM ...