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1970s mortgage rate trends. The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac.
Average mortgage rates tick higher as of Thursday, January 9, 2024, with the 30-year fixed benchmark continuing to hover above 7.00%. Despite three back-to-back interest cuts from the Federal ...
The current average interest rate for a 30-year fixed mortgage is 7.08% for purchase and 7.09% for refinance — down 3 basis points from 7.11% for purchase and 4 basis points from 7.13% for ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
The current average interest rate for a 30-year fixed mortgage is 7.02% for purchase and 7.05% for refinance — up 2 basis points from 7.00% for purchase and no change from 7.05% for refinance ...
Average mortgage rates are moderately lower as of Thursday, January 2, 2025, with the average 30-year purchase rate dipping below 7.00% in the new year — about where we were this time last year ...
Average mortgage rates for popular terms are finally inching down week over week as of Monday, December 2, 2024, with the 30-year fixed purchase rate retreating from 7.00%.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
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