Weekly Mortgage Rates Drop as Home Sales Stall
The average rate on the 30-year fixed-rate mortgage fell 12 basis points to 6.94% in the week ending Jan. 23, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point. The previous week had been the first time that the 30-year rate had inched above 7% since May.
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%.
The current mortgage rate on a 30-year fixed mortgage fell by 0.14 percentage point in the last week to 6.97%, according to ...
After shooting up last week to a 7-month high, rates on 30-year mortgages have moved the other way—falling four days in a row ...
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear ...
The rate on a 30-year fixed refinance fell today. The average rate on a 30-year fixed mortgage refinance is 7.33%, according ...
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The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
US News & World Report - Money on MSN6d
Trump Promised Lower Mortgage Rates. Can He Deliver?On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
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