Average rate on 30-year mortgage eases, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying sea
Mortgage rates saw their first drop in six weeks — and this is the No. 1 mortgage provider in January 2025
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There has been little movement in mortgage rates this week
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 6.95% this week, the same as the previous week.
Average mortgage rate eases for second week in a row
The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.
30-Year Mortgage Rates Fall Again, Reaching a 6-Week Low
Freddie Mac's average differs from what we report for 30-year rates because Freddie Mac calculates a weekly average that blends five previous days of rates. In contrast, our Inves
Mortgage demand drops further, even as interest rates settle
Applications for a mortgage to purchase a home dropped 0.4% from one week earlier and were 7% lower than the same week one year ago. Mortgage rates didn't move last week, but demand for new home loans continued to weaken.
U.S. 30-year mortgage rate holds steady at 6.95%
MCLEAN, Va. - Freddie Mac (OTCQB: OTC:FMCC), a prominent player in financial services with a market capitalization of $17 billion, reported today that the 30-year fixed-rate mortgage (FRM) averaged 6.
Mortgage rates stay stuck near 7%
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
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