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Fannie Mae recently predicted that the average 30-year mortgage rate will fall to 6.2% by the end of 2025. In June, the Mortgage Bankers Association projected that the year-end 2025 average rate ...
The current average interest rate for a 30-year fixed mortgage is 6.95% for purchase and 6.95% for refinance — down 6 basis points from 7.01% for purchase and 7 basis points from 7.02% for ...
The Federal Reserve raised its benchmark interest rate (the federal funds rate) several times in 2022 and 2023 in an effort to cool inflation. ... Maybe not. But as of July 25, the average 30-year ...
Freddie Mac reports an average 7.04% for a 30-year fixed-rate mortgage, up 11 basis points from last week's average 6.93%, according to its weekly Prime Mortgage Market Survey of nationwide ...
A best-case scenario probably has mortgage rates dipping into the 4% range by the end of 2025. But rates in the 5% range are more likely. Buyers also shouldn't necessarily expect sub-6% mortgage ...
Average mortgage rates tick lower as of Thursday, February 6, 2025, with the 30-year fixed benchmark continuing to hover just under 7.00%. The market is keeping an eye on tomorrow's jobs report ...
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