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Last Updated Oct 10 2024, 12:12 EDT Next Release Oct 17 2024, 12:00 EDT Long Term Average 7.72% Average Growth Rate 0.34% Value from Last Week 6.12% Change from Last Week 3.27% Value from 1 Year Ago 7.49% Change from 1 Year Ago -15.62% Frequency Weekly Unit Percent Adjustment N/...
20-year fixed-rate6.42%6.48% 30-year fixed-rate VA6.71%6.75% 30-year fixed-rate FHA6.60%6.64% 5/1 ARM jumbo5.82%6.88% 5/1 ARM6.09%7.02% Updated on October 19, 2024. We use information collected by Bankrate to track daily mortgage rate trends. The above table summ...
Check out our latest Two-Month Mortgage Rate Forecast.MarketTrends 10/11/2024: Rates' Routine Reset Keith Gumbinger Oct 14, 2024 | Read Time : 13 min | Archives Subscribe To MarketTrendsRates' Routine Reset October 11, 2024 -- It's not uncommon at all to see market-based interest ...
According to Freddie Mac, there are numerous economic trends that all spell falling mortgage rates in 2025. Here are three of the big ones: Fed rate cuts. Since the Federal Reserve has neared its goal of 2% inflation (it was 2.6% in June 2024), it may continue lowering interest rates ...
Freddie Mac’s mortgage rates for the week ending October 17, 2024 Freddie Mac mortgage rate trends Money For its weekly rateanalysis, Freddie Mac looks at rates offered for the week, ending each Thursday. The average rate roughly represents the rate a borrower with strong credit and a 20% ...
Weekly Rate Trends30-Year Fixed15-Year Fixed 10/3/246.12% ↑5.25% ↑ 9/26/246.08%5.16% 9/19/246.09%5.15% 9/12/246.20%5.27% Copyright 2024Freddie Mac. Averages are based on conforming mortgages with 20% down. How do I get the best mortgage rate?
trends. If the bond yield increases, mortgage rates tend to go up, and vice versa. The10-year Treasury yieldis usually the best standard to judge mortgage rates. That’s because many mortgages are refinanced or paid off after 10 years, even if the norm is a 30-year fixed-rate mortgage...
Fed Funds rates are typically stated in this type of range, which varies that rate by 0.25 percent. The 10-year Treasury bond yield can also reveal market trends. If the bond yield increases, mortgage rates tend to go up, and vice versa. The 10-year Treasury yield is usually the best ...