Mortgage rates hit six-month high, inch closer to 7% The average 30-year, fixed-rate mortgage has increased to 6.93%, according to Freddie Mac. Jan 09, 2025
Mortgage rates rise to highest point since July Don't expect a big drop in borrowing costs anytime soon, an analyst said. Jan 02, 2025
Holiday week brings another bump in mortgage rates, alongside rise in sales activity The undersupply of homes in the market remains a key challenge, Freddie Mac says Dec 26, 2024
Mortgage rates jump after Federal Reserve signals new policy approach Homebuyers are "getting used to the new normal" of higher borrowing costs, according to economist Lawrence Yun. Dec 19, 2024
Housing market outlook improves as mortgage rates decline, Freddie Mac says Lower borrowing costs are boosting purchase and refinance demand among homebuyers and owners. Dec 12, 2024
Mortgage rates are dropping. Whether they continue to do so could depend on upcoming economic data. The average 30-year, fixed-rate mortgage decreased compared to a week earlier, according to mortgage giant Freddie Mac. Dec 05, 2024
Borrowing costs dip but larger declines unlikely Consumers hoping for historically low mortgage rates to return should get used to the new normal, analyst says Nov 27, 2024
Mortgage rates tick up but increased supply opens door for some buyers Additional inventory is making entering the housing market easier for first timers, even as borrowing costs increase, according to economists. Nov 21, 2024
Interest rate cuts, election outcome not leading to marked drop in mortgage rates Borrowing costs are driven more by economic data, according to economists. Nov 14, 2024
Borrowing costs rise again, hurting demand for homes Mortgage rates increased for a sixth week in a row, according to Freddie Mac. Nov 07, 2024