Average rate on a 30-year mortgage in the US rises for 6th straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July.The rate ticked up to 6.79% from 6.72% last week, mortgage buyer Freddie Mac said Thursday.
Freddie Mac says the average rate on a 30-year mortgage rose to 6.79% this week, its highest level since early July
Freddie Mac says the average rate on a 30-year mortgage rose to 6.79% this week, its highest level since early July
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Mortgage rates up for a sixth week
The rate ticked up to 6.79 percent from 6.72 percent last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a year ago, when the rate averaged 7.5 percent. — ASSOCIATED PRESS Qualcomm, the world’s biggest seller of smartphone ...
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday.
Mortgage rates rise again amid election volatility
Still, many housing market experts now expect mortgage rates to stay higher for longer. Lisa Sturtevant, chief economist of Bright MLS, said she still expects rates to come down from current levels, but thinks they’ll be volatile and could stay above 6% for all of next year.
Average Rate for 30-Year Mortgage Increases for Sixth Straight Week
The mortgage rate climbed to 6.79 percent from 6.72 percent last week, mortgage buyer Freddie Mac said Thursday.
30-year mortgage rate rises for 6th straight week
Bond yields also surged on expectations that President-elect Trump’s plans for higher tariffs, lower tax rates and lighter regulation could lead to growth, inflation and government debt.
Mortgage rates climb again, hurting demand further
Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market. Freddie Mac's latest Primary Mortgage Market Survey, ...
US 30-year fixed-rate mortgage rise to four-month high of 6.79%
mortgage finance agency Freddie Mac said on Thursday. It has increased for six straight weeks and has risen by 71 basis ...
Mortgage rates continue to inch up, applications fall
Mortgage rates continued to inch up, dragging mortgage applications down, according to the latest Freddie Mac Primary ...
HousingWire7h
Kevin Kauffman on Freddie Mac’s vision for technology in lending
Diego Sanchez and Kevin Kauffman discuss how Freddie Mac uses technology to improve affordability and access to credit and key trends in digital innovation for lenders.
Average rate on a 30-year mortgage in the US rises for sixth straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since ...
Freddie and Fannie’s Zombie Preferreds Surge on Trump Win
Shares of long-moribund preferred stock issued by Fannie Mae and Freddie Mac surged on Wednesday amid speculation that Donald ...
Freddie Mac and FHLB Des Moines Partner to Increase Access to Affordable Housing on Tribal Lands
"Freddie Mac and FHLB Des Moines can be impactful partners in attracting capital to support Native American homeownership," said Sonu Mittal, SVP and head of Single-Family Acquisitions at Freddie Mac.