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%.
These are today's mortgage and refinance rates. Mortgage rates may not fall as much as initially expected this year thanks to ...
Mortgage rates inched down in the first week of President Trump’s second term, as the financial markets assess the economic ...
After recently shooting up to the most expensive level since May, rates on 30-year loans have fallen considerably the last ...
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
The move by Barclays follows hot on the heels of mortgage rate rises from Santander, HSBC, TSB and Leeds Building Society.
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the ...
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