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30-Year Mortgage Rates Tick Up for 1st Time in Over a Week
30-Year Mortgage Rates Tick Up for the First Time in Over a Week
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.
Average mortgage rate slips below 7%, falling for first time in 5 weeks
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.69%.
Mortgage Rates Down After Five Weeks Of Increases
The 30-year fixed-rate mortgage (FRM) broke a five-week upward trajectory and dipped to 6.96%, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). At this same time last year, the rate averaged 6.
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday.
12h
on MSN
US home sales in 2024 fell to the lowest level in nearly 30 years as prices, and mortgages, soar
Elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out ...
1d
It's time for Fannie & Freddie to go private: Former FDIC chair
President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is ...
11h
on MSN
Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive ...
18h
on MSN
Home Sales Had Their Worst Year Since 1995. There May Be a Silver Lining.
Fewer previously owned homes changed hands last year than any time since the mid-1990s. Volatile mortgage rates and ...
Housing Finance
9d
Freddie Mac Multifamily Volume Increases 34% in 2024, Reaches $66 Billion
Freddie Mac’s 2024 multifamily volume was up 34% over 2023, the government-sponsored enterprise (GSE) reported. Its ...
GlobeSt.com
8d
Freddie Mac Multifamily Volume Soars 34% in 2024
It also surpassed its affordable housing goals with record 2024 volume.
15h
on MSN
How Trump’s First Round Of Executive Orders May Impact Jobs And Housing Costs
With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across ...
9d
2024 Freddie Mac Multifamily Volume Reaches $66 Billion, Up 34% Year Over Year
Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing GoalsMCLEAN, Va., Jan.
20h
Trump's Bessent To Explore GSE Restructuring Options
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration ...
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