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Freddie Mac reports an average 6.76% for a 30-year fixed-rate mortgage, down 5 basis points from last week's average 6.81%, according to its weekly Prime Mortgage Market Survey of nationwide ...
US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs ...
The rate rose to 6.67% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.87%. Including this week, the average rate on a 30-year home loan has risen ...
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
U.S. 30-year mortgage rates fell to 6.77%, the lowest since May, offering some relief to homebuyers as the housing market grapples with high prices.
WASHINGTON — The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since early February, further pushing up borrowing costs for homebuyers.
In addition, 30-year mortgage rates are determined by a number of economic factors outside a homebuyer’s control, such as Federal Reserve policy, inflation and the job market.
WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated. Related Articles.
In the first week of May, Freddie Mac's average 30-year rate was 6.76%. Fannie Mae: Fannie Mae's latest forecast predicts that 30-year mortgage rates will tick down to 6.20% by the end of the year.
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
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