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Freddie Mac reports an average 6.91% for a 30-year fixed-rate mortgage, up 6 basis points from last week's average 6.85%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
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 ...
In 2025, mortgage rates are certainly not expected to fall to the levels borrowers enjoyed those years. But as of this writing, the average 30-year mortgage rate is sitting at 6.78%. And there's a ...
Realtor.com's 2025 housing forecast released Wednesday predicts the benchmark 30-year fixed rate mortgage will average around 6.3% in 2025, falling slightly to end the year at around 6.2%.
In 2020 and 2021, mortgage lenders lowered their rates, which led to a surge in buyer demand. ... The Federal Reserve's rate cuts won't directly lower home prices in 2025. But they could spur a ...
“Looking at the end of this year and into 2025, I foresee mortgage rates staying in the 6% range, likely bouncing between 6% and 7%,” shared Dan Richards, president of Flyhomes Mortgage. “A ...