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Mortgage rate hit their highest level in nearly 6 months
Average Rate for 30-Year Mortgage Reaches 6-Month High
The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday.
Mortgage rate hit their highest level in nearly six months
The new year has started with rising mortgage rates. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate (FRM) averaged 6.9
Mortgage Rates Tick Up, Nearing 6-Month High
After dipping for two days, 30-year mortgage rates edged higher, again nearing their highest level since early July. Rate movement was mixed for other loan types.
Mortgage rates inch closer to 7% to close out 2024
Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers.
Mortgage Rates Hit Six-Month High
According to Freddie Mac’s Primary Mortgage Market Survey (PMMS ®), as of January 2, 2025, mortgage rates have surged to their highest point in nearly six months, with the 30-year fixed-rate mortgage (FRM) averaging 6.
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year for the U.S. housing market. The 30-year mortgage rate remains at the highest level since July 2024.
Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.
Mortgage Rates Reach Highest Point Since July
Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months,” said Sam Khater, Freddie Mac’s Chief Economist. “Compared to this time last year, rates are elevated and the market’s affordability headwinds persist.
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After adding points the previous business day, 30-year mortgage rates moved lower, in line with the recent trend. Other loan types saw mixed movement.
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US 30-year fixed-rate mortgage flirts with 7%
U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be ...
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2025 Mortgage Rate Forecast: A Long and Bumpy Road to Recovery
In 2024, the path to lower mortgage rates seemed relatively clear-cut: Official inflation would go down, the Federal Reserve ...
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Mortgage Rate Lock Guide
If you want to avoid uncertainty and preserve the
rate
in your
mortgage
loan offer, get a
mortgage
interest
rate
lock. Interest
rate
locks can offer peace of mind to borrowers, but they are ...
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The biggest mortgage rate stories of 2024
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Oklahoma City metro mortgage rates hover around 6%, realtor says
U.S. mortgage rates are continuing to climb. How rates are looking in the Oklahoma City metro, and what this means for ...
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