Here's why mortgage rates continue to increase Average mortgage rates have increased for the past six weeks, and experts say that upward pressure is likely to continue, at least for the near future. Jan 16, 2025
Mortgage rates hit six-month high, inch closer to 7% If homebuyers were expecting mortgage rates to ease this year, the first two weeks of 2025 have put a damper on those hopes as borrowing costs climbed to monthslong highs. Jan 09, 2025
Mortgage rates rise to highest point since July Mortgage rates increased for the third week in a row to the highest point since July, though evidence suggests some homebuyers may be getting more used to a new normal. Jan 02, 2025
Holiday week brings another bump in mortgage rates, alongside rise in sales activity Home mortgage rates increased for the second week in a row, bringing little holiday cheer to a slow-moving housing market. Dec 26, 2024
Mortgage rates jump after Federal Reserve signals new policy approach Borrowing costs have bucked their downward trend and increased for the first time in nearly a month. Dec 19, 2024
Housing market outlook improves as mortgage rates decline, Freddie Mac says With mortgage rate averages falling for the third straight week and more borrowers entering the market, the outlook for the housing market appears to be improving. Dec 12, 2024
Mortgage rates are dropping. Whether they continue to do so could depend on upcoming economic data. Mortgage rates are sitting near their lowest averages in more than a month – a shift that’s luring more homebuyers into the market. Dec 05, 2024
Borrowing costs dip but larger declines unlikely Borrowing costs for the most common home mortgage have dipped, but buyers expecting bigger drops could be in for a long wait. Nov 27, 2024
Mortgage rates tick up but increased supply opens door for some buyers Mortgage rates have resumed their upward trend but some homebuyers seem to be persevering anyway. Nov 21, 2024
Interest rate cuts, election outcome not leading to marked drop in mortgage rates Borrowing costs have stagnated, even as the Federal Reserve has cut interest rates and the presidential election has been decided. Nov 14, 2024