Mortgage rates rise for second straight week, highest since July
This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second week in a row to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to price home loans.
Average mortgage rates close 2024 at the highest since July
The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from Freddie Mac.
Mortgage rates on the rise heading into 2025
There are a few days left in 2024 and if homebuying is a goal you have set for the new year, prepare to shell out more money.
Average Rate for 30-Year Mortgage Rises to Highest Level in Months
Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says.
Mortgage rates rise again, finishing the year at 6.85% — just about the way they started
Mortgage rates rose again this week to end the year slightly higher than where they began. The average 30-year fixed-rate mortgage rate was 6.85% for the week through Wednesday, according to Freddie Mac data.
Mortgage rates jump, finish the year at a five-month high
U.S. mortgage rates jumped to the highest level in five months as the year drew to a close. In the last full week of 2024, the 30-year mortgage rate rose to the highest level since mid-July, averaging 6.
Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025
The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying ...
10-Year Treasury Yield Rose 100 Basis Points Since September As The Fed Cut 100 Basis Points - Why The Historic Divergence?
While the Fed cut its policy rates by a full percentage point, long-term yields have risen by a full percentage point.
Freddie Mac’s 2025 Scorecard Prioritizes Affordable Housing
Freddie Mac ( ) just unveiled an update. The Federal Housing Finance Agency released the 2025 Scorecard for Freddie Mac, which outlines performance criteria and strategic prioriti ...
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Why setting Fannie Mae and Freddie Mac free is a gamble
Releasing the GSEs from government conservatorship is on the agenda for the incoming Trump administration. Doing so could ...
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FHFA shows extent of potential damage from Helene, Milton
Only 5% of homeowners in designated disaster-assistance areas were required to hold flood insurance, according to the Federal ...
2024 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes
Overall, of the 209 reviewed STACR Notes, all have achieved NAIC 1 Designation including all A1, M1 and M2 Notes offered through 2024 STACR transactions. In addition, 10 of the 2024 NAIC 1 ...
Fannie Mae and Freddie Mac aren’t your neighbors — they’re mortgage game changers. Here’s how to leverage their 2025 loan limit boost
Wondering how Fannie Mae and Freddie Mac can make homeownership more affordable in 2025? With higher conforming loan limits ...
Freddie Mac mortgage portfolio growth slows to 2.4% annualized rate in November
Freddie Mac's (OTCQB:FMCC) total mortgage portfolio advanced at an annualized rate of 2.4% last month, marking the slowest ...