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Today's Mortgage Rates | Rates May Not Drop As Much As Expected Next Year
These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next year.
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The popular loan product averaged 6.72% throughout the year, compared to 6.81% throughout 2023, even as the Federal Reserve cut its benchmark interest rate three times in 2024.
30-Year Mortgage Rates Hit 5-Month High-Water Mark
After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed across other loan types.
Mortgage rates rise to close out 2024
Mortgage rates rise to close out 2024. Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate.
Mortgage Rates Are Ending the Year Higher. Why That’s Not All Bad News for Home Buyers.
Volatility in mortgage rates in 2025 could present an opportunity for home buyers to take advantage when rates dip.
9h
on MSN
Average Rate for 30-Year Mortgage Rises to Highest Level in Months
Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says ...
18h
on MSN
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, ...
13h
Mortgage rates rise for second straight week, highest since July
This week’s increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to ...
2d
Mortgage Rates Tick Back Up, Nearing Highest Level Since July
After retreating slightly, 30-year mortgage rates are back on the rise, edging back up to approach a five-month high. Rate ...
National Mortgage News
17h
Mortgage rates approach end of 2024 with a surge
Mortgage rates have run higher since the most recent Federal Reserve meeting as consumer spending points to economic strength ...
3d
on MSN
Will you be able to refinance your mortgage in 2025? Here's what experts think.
"Many homeowners have seen significant equity growth due to rising property values. Refinancing in 2025 could allow them to ...
19h
What the Fed’s slower 2025 rate cuts would mean for mortgage rates, savings, auto loans
The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed ...
3d
The 7 types of mortgage refinancing
A refinancing replaces your existing mortgage with a new one while a second mortgage is taken out in addition to your ...
1d
on MSN
Looking to refinance your FHA mortgage? Make it easier and cheaper with a streamline refinance.
With rates starting to drop, now could be a great time to refinance—and it could be a quick process if you can streamline.
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