Thirty-year fixed mortgage rates came down this week, from 6.95% last week, to an average of 6.89%. “Mortgage rates have been stable over the last month and incoming data suggest the economy remains on firm footing," says Sam Khater, chief economist at housing giant Freddie Mac. Advertisem...
Still, disappointment in where things are and where they seem to be going does have some effect, and the decline in bond yields this week will help lower mortgage rates next week. That may spread a little cheer, at least among those inclined to obtain or refinance a mortgage, so that's...
Mortgage rates moved down this week, with 30-year fixed-rate loans averaging 7.00 percent, according to Bankrate’s latest lendersurvey. While housing economists and homebuyers have been waiting for mortgage rates to fall, those hopes suffered a setback last week, when the Labor Department said ...
Mortgage Rates Score Another Victory Against Excitement Tue, Feb 4 2025, 4:26 PM If you like your mortgage rate movement boring and minimal, this week's for you (and last week, and the week before that). Going all the way back to ... Mortgage Rates Stay Flat Despite Underlying Ma...
McLEAN, Va. (AP) — The average long-term mortgage rate was unchanged from last week as the economy continues to show encouraging signs even as hospitalizations from the delta variant of the coronavirus remain elevated. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-...
CategoryInterest Rates RegionUnited States SourceFreddie Mac Stats Last Value6.87% Latest PeriodFeb 13 2025 Last UpdatedFeb 13 2025, 12:06 EST Next ReleaseFeb 20 2025, 12:00 EST Long Term Average7.72% Average Growth Rate0.50% Value from Last Week6.89% ...
30-year mortgage rates move down The average rate on a 30-year fixed mortgage decreased to 6.84 percent this week, the lowest level in three months, according to Bankrate’s latest lendersurvey. Instead of moving toward the Federal Reserve's 2 percent target, January inflation moved up to 3...
Mortgage rates downshifted a little more strongly this week.Freddie Mac reported today that the average offered interest rate for a conforming 30-year fixed-rate mortgage (FRM) declined by nine basis points (0.09%) this week, landing at 6.76%. It is the lowest level for this rate since ...
Check out today's mortgage rates and trends. Mortgage Rates Dropped Significantly Last Week. Here's How Much You Could Save. By Sabrina Karl Published Dec 02, 2024 Today's Refinance Rates by State – Dec. 2, 2024 By Sabrina Karl Published Dec 02, 2024 Today's Mortgage Rates by Stat...
15-Year Mortgage Rates Saw a Bigger Drop Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday. Like 30-year loans, 15-year rates sank to a two-year low in September, dropping as far as 4.97% (though t...