Why mortgage rates remain so high—and what to expect in 2025
Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year. Unfortunately for buyers, 2025 isn't looking much better. The Federal Reserve has been cutting interest rates,
30-Year Mortgage Rates Tick Down From Nearly 6-Month High
After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most other loans were down or flat.
Today's Mortgage Rates | Rates Are Ending the Year Higher Than They Started
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Mortgage rates rise again, finishing the year at 6.85% — just about the way they started
Mortgage rates rose again this week to end the year slightly higher than where they began. The average 30-year fixed-rate mortgage rate was 6.85% for the week through Wednesday, according to Freddie Mac data. That’s up from 6.72% a week earlier. Average 15-year mortgage rates rose to 6% from 5.92%.
U.S. mortgage rates jolt up before New Year
U.S. mortgage rates jumped again this week as the New Year beckons. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.85% for the week ending Dec.
Today's Mortgage Rates | Rates May Not Drop As Much As Expected Next Year
These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next year.
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2025 Mortgage Rate Forecast: A Long and Bumpy Road to Recovery
At the start of 2024, the path to lower mortgage rates seemed relatively clear-cut: Official inflation would go down, the ...
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
Mortgage rates surge to 6.85%, highest since July
Despite an interest rate cut in early December, mortgage rates continue to rise. The average rate for a 30-year mortgage just ...
30-Year Mortgage Rates Hold at Highest Level Since July
After surging to a five-month high before the holiday, 30-year mortgages held steady Thursday. Rate movement was mixed across ...
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...
Average mortgage rates close 2024 at the highest since July
The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from ...
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What are today's mortgage and mortgage refinance interest rates?
We've compiled a list of today's average mortgage and refinance interest rates below. Start here and compare the best mortgage rates you can qualify for today. Even though interest rates ...