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Mortgage rates hit 6-month high
Mortgage rates hit six-month high
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
Mortgage rates climb for 4th straight week — to the highest level in 6 months
The average long-term US mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac.
Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
National Mortgage News
14h
Mortgages rates start 2025 with an increase, Freddie finds
The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining ...
Money.com on MSN
15h
Current Mortgage Rates: January 2, 2025
Freddie Mac’s benchmark rate for a 30-year mortgage increased for the second week in a row and is now averaging 6.85% for the ...
17h
30-Year Mortgage Rates March in Place for Third Day
For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was ...
14h
Mortgage rates rise for fourth straight week, inching closer to 7%
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.
2d
Donald Trump Could Privatize Fannie Mae and Freddie Mac: What It Means for Your Mortgage
Fannie Mae and Freddie Mac, the government-backed mortgage giants, could be headed for privatization under Donald Trump‘s ...
Crain's Cleveland Business
11h
Mortgage rates rise for a 4th straight week
U.S. mortgage rates rose for a fourth straight week. The average for 30-year loans was 6.93%, up from 6.91% last week, ...
1d
Freddie Mac Multifamily’s 2025 Outlook Forecasts Increased Originations, Modest Growth in Year Ahead
Freddie Mac’s (OTCQB: FMCC) newly released Outlook forecasts multifamily originations to rise in 2025, while predicting ...
15h
Mortgage Rates Rise Again, to 6.93%—but Economists Predict Housing Market Conditions Will Improve
Mortgage rates jumped to a six-month high of 6.93%, up from 6.91% last week, for the average 30-year fixed home loan for the ...
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