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Mortgage Rates Have Dropped Every Day This Week
Every Thursday, Freddie Mac, a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage rates. Last week's reading edged 4 basis points lower to 6.85%. Last September, the average sank as far as 6.08%. But back in October 2023, Freddie Mac's average saw a historic rise, surging to a 23-year peak of 7.79%.
Home loan applications ticked up after seeing declines, but certain types of loans didn't see the same upswing.
The 30-year fixed mortgage rate held steady at 6.88% to end the week, down 11 basis points from last week. See today's mixed ...
US mortgage rates slip slightly lower while still holding below the 7% benchmark, according to the data out from Freddie Mac.
The federal government is unlikely to release the mortgage giants from conservatorship this year, despite Trump's push to do ...
Since it's impossible to know for certain if interest rates will rise or fall while you're closing on your home, here's when ...
After sinking for two weeks and then jumping for two days, 30-year mortgage rates retreated a bit Monday. Rates dipped for ...
US mortgage applications to refinance or purchase a home each jumped last week, even as borrowing costs hovered just below 7% ...
Legislation would curb ‘trigger leads, whereby credit bureaus sell your mortgage application information to competing lenders ...
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