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Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline
The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row. That's a welcome trend for prospective homebuyers during what’s typically a less competitive time of the year for the housing market.
Mortgage Rates Drops For Third Consecutive Week
Mortgage rates, or interest rates on home loans, dropped for the third consecutive week, according to mortgage provider Freddie Mac
U.S. mortgage rates drop again
U.S. mortgage rates dropped again this week following a period of increase. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.69% for the week ending Dec. 5 — down from 6.81% last week. A year ago, mortgage rates averaged 7.03%.
US 30-year fixed-rate mortgage falls to 6.60%
U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The average rate on the popular 30-year fixed-rate mortgage fell to 6.
Average rate on 30-year mortgage hits 6.6%, its lowest level since late October and the third straight weekly decline
Average rate on 30-year mortgage hits 6.6%, its lowest level since late October and the third straight weekly decline
Average mortgage rate falls for third straight week
The rate dropped to 6.6% from 6.69% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.95%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate,
30-Year Mortgage Rates Edge Higher for Second Day
After sinking most of three weeks and notching a 7-week low, 30-year mortgage rates have ticked up the last two days. Rate movement for other loan types was mixed.
Long-term mortgage rates fall for the third straight week, affordability still an issue
Long-term mortgage rates were down for the third consecutive week, but affordability issues persisted, according to the latest Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.
2d
on MSN
Fannie Mae and Freddie Mac aren’t your neighbors — they’re mortgage game changers. Here’s how to leverage their 2025 loan limit boost
Wondering how Fannie Mae and Freddie Mac can make homeownership more affordable in 2025? With higher conforming loan limits ...
Bisnow
2d
Possibility Of Privatizing Fannie, Freddie Raises Questions About The Future Of Crucial Mortgage Guarantee
Donald Trump floated a plan to privatize the government-sponsored enterprises in 2018, and his allies are planning to revive ...
International
1d
U.S. Mortgage Rates Tick Down in Early December
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent as ...
5d
Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost Taxpayers Billions.
Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little ...
HousingWire
6d
Freddie Mac names former Ginnie Mae head Sam Valverde to executive role
Valverde, who recently stepped down as acting president of Ginnie Mae, will join Freddie Mac in an executive leadership role ...
8d
Freddie Mac Study Finds Cost Barriers May Prevent Usage of Housing Choice Vouchers
Multifamily today published the results of an analysis that examined challenges facing low-income renters as they seek to use ...
EconoTimes
1h
Mortgage Rates Plummet to 6.60%: Could This Be the Boost the Housing Market Desperately Needs?
The U.S. housing market received a glimmer of hope this week as mortgage rates fell to their lowest level in nearly two ...
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