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Mortgage rates are likely to come down before the end of the year -- but that drop may be minor. ... the average 30-year mortgage rate was nearly 6.8%. If rates were to fall to, say, 6.3% by the ...
After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...
In fact, Fannie Mae expects average 30-year mortgage rates of 5.7% by the end of 2025, which could certainly make it more affordable to buy or refinance a home.
Freddie Mac reports an average 6.95% for a 30-year fixed-rate mortgage, down 1 basis point from last week's average 6.96%, according to its weekly Prime Mortgage Market Survey of nationwide ...
As of this writing, the average 30-year mortgage rate is 6.12%. Given that the average 30-year mortgage rate was well above 7% around this time last year, 6.12% is an improvement.
Average mortgage rates moved lower across a number of terms as of Thursday, December 12, 2024, following yesterday's release of November's consumer price index report showing a 0.3% increase in ...
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