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The average interest rate for a 30-year fixed mortgage stands at 6.47%, Freddie Mac said on Thursday. The Fed has held interest rates steady at their highest level in two decades, however.
After moving higher the past two weeks, mortgage rates fell this week, dropping to the their lowest level since May 2023. The 30-year fixed-rate mortgage averaged 6.60% in the week ending January ...
Average mortgage rates are trending down as of Thursday, September 19, 2024, a day after the Federal Reserve announced it was lowering its benchmark interest rate by 50 basis points to a range of ...
Mortgage rates fell to their lowest level in over a year, a welcome development for the housing market. The average rate on the 30-year fixed-rate mortgage dropped to 6.47% from 6.73% last week ...
Average rates for popular mortgage terms inch in opposite directions as of Wednesday, November 13, 2024, with benchmark 30-year rates moving away from 7.00%, while 15-year rates crawl higher.
Mortgage rates are down again this week — the lowest level since May. The rate on the 30-year fixed mortgage declined to 6.61% from 6.67% the week prior, according to data released by Freddie ...
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