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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 ...
Average mortgage rates open the New Year holiday week higher as of Monday, December 30, 2024, pushing the 30-year benchmark past 7.00% and to its highest levels since July.
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
Looking ahead to the new year, a recent Freddie Mac report forecasts borrowing costs for the 30-year fixed rate to ease to a range of 6.3% to 6.4% by summer 2025 — though with continued ...
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week ...
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. Average mortgage rates close 2024 at the highest since July ...