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Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% and also the highest since July. It was at 5.89% a year ago.
Mortgage Rates Reach Highest Point Since July
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 01/02/2025 MCLEAN, Va., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®),
Alert: Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since early July
MCLEAN, Va. (AP) — Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since early July.
US Mortgage Rates Rise to Highest Since Early July, Suppressing Demand
US mortgage rates climbed to an almost six-month high during the Christmas holiday week, suppressing applications for home purchases and severely undercutting refinancing activity.
Mortgage rates start 2025 near 7%, hitting highest level since July
Mortgage rates rose again last week, leaving them near 7% to start the year. The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data.
10m
on MSN
Mortgage rates inch closer to 7% to close out 2024
Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers. The standard, 30-year fixed-rate mortgage ...
27m
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 ...
16m
Mortgage rates kick off 2025 with an increase, nearing 7%
Mortgage rates climbed again for a third consecutive week to the since since July, with the 30-year fixed-rate average rising to just under 7% as the housing market remains stalled.
1d
Fannie Mae & Freddie Mac going private is 'playing with fire': Expert
Investors weigh whether Fannie Mae (FNMA) and Freddie Mac (FMCC) — the Federal National Mortgage Association and Federal Home ...
2d
on MSN
Bill Ackman expects Trump to privatize Fannie Mae and Freddie Mac
Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae and Freddie Mac from conservatorship, potentially ...
2d
30-Year Mortgage Rates March Downward for a Second Day
After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types ...
2d
Bill Ackman Sends Fannie Mae, Freddie Mac Stocks Soaring: 'Trump Likes Big Deals'
Fannie Mae and Freddie Mac shares soared Monday afternoon after billionaire investor Bill Ackman touted the stocks on social ...
American Banker
10d
Why setting Fannie Mae and Freddie Mac free is a gamble
Releasing the GSEs from government conservatorship is on the agenda for the incoming Trump administration. Doing so could ...
2d
on MSN
Bill Ackman says common stocks of GSEs offer 'large asymmetric upside'
Billionaire hedge fund manager Bill Ackman said the common shares of government sponsored enterprises Fannie Mae (FNMA) and ...
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