Today's Mortgage Rates | Why Rates Didn't Drop as Much as Expected This Year
These are today's mortgage and refinance rates. Mortgage rates were supposed to dip below 6% this year. Instead, they're up near 7%.
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,
Which way will mortgage rates go in 2025?
Thus, I’m forecasting that, based on the 6.85% rate at year-end 2024, mortgages will run between 7.55% and 6.15% in 2025. Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at [email protected]
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%.
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
These are today's mortgage and refinance rates. Mortgage rates dropped in the fall, but they've trended back up over the last few months.
The Fed Is Cutting - Why Are Mortgage Rates Going Up?
Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are ...
30-Year Mortgage Rates March Downward for a Second Day
After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types ...
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 ...
HousingWire2d
Refinance activity is up 27%, but higher mortgage rates have pumped the brakes
CoreLogic data illustrates the limited potential for refinances as about 80% of current U.S. mortgage holders have rates ...
Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025
The post Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025 appeared first on Real Estate News & Insights | ...
Mortgage News Daily1d
Mortgage Rates Slightly Higher as Markets Close Early
Major holidays typically involve a full day market closure along with an "early close" on an adjacent day.  This matters to ...
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 ...
News Nation on MSN5d
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 ...
High Rates And Continued Inflation Mean Housing Prices Stay High
The housing market will remain something of a muddle, with mixed production, high interest rates, and many people standing ...