Mortgage, rates

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 continue to inch up, applications fall
Mortgage rates continued to inch up, dragging mortgage applications down, according to the latest Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.79% as of November 7, up from 6.
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, released Thursday, showed that the average rate on the benchmark 30 ...
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
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.
U.S. mortgage rates climb for fifth straight week
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.72% for the week ending Oct. 31 — up from 6.54% last week.
Mortgage Rates In U.S. Climb For Sixth Week To Highest Since July
Buyers willing to crack into the market are finding more properties for sale. In the four weeks through Nov. 3, active listings climbed about 12% from a year earlier, according to Redfin Corp. Homes are lingering for a median of 41 days, up about a week from a year earlier.
Mortgage Rates Inch Closer To 7%
Long-term mortgage rates continued to get closer to 7% on Thursday. Today, Freddie Mac reported 6.79% as the average on a 30-year mortgage, up 7 basis points from last week. Over the last month, long-term rates have risen nearly 50 basis points, sidelining homebuyers once again.
Mortgage rates continue to rise
Average mortgage rates have increased for a sixth straight week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortga
Why mortgage rates will rise, despite the Bank Rate cut
In its latest Monetary Policy Committee meeting, the Bank of England voted to cut the Bank Rate to 4.75pc, in what may be the last reduction of the year. While markets previously expected another two reductions before the end of 2024,
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 ...
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Mortgage Rates Continues To Rise
(RTTNews) - Mortgage rates, or interest rates on home loans, continue to rise, according to mortgage provider Freddie Mac (FMCC.OB). The 30-year FRM averaged 6.79 percent as of November 7, ...
Interest rates are going down. But mortgage rates are going ... up?
The housing market continues to befuddle economists and policymakers who expected high rates would slow buyer demand and cool ...
Mortgage rates go up again this week – what’s the forecast for November?
Citing Freddie Mac, the Mortgage Reports noted that the average 30-year fixed rate mortgage (FRM) increased from 6.44% on Oct ...