Average Rate on 30-Year Mortgage Drops Slightly

Average rate on a 30-year mortgage slips for first time in weeks
Despite its recent upward move, the average rate on a 30-year mortgage is still down from 7.22 percent in May, its peak so far this year. In late September, the average rate got as low as 6.08 percent — its lowest level in two years.
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a year ago,
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late September, the average rate dipped to 6.08 percent, the lowest level in two years, after the Federal Reserve cut interest rates. But mortgage rates have since crept higher until this week.
After the election, mortgage rates level off
After climbing for the last six weeks, mortgage rates have leveled off. They didn’t go down this week but they didn’t go up either, and economists say that
Current Mortgage Rates: November 14, 2024
Mortgage rates saw very little movement over the past week, breaking a six-streak of steady increases. Freddie Mac’s average rate for a 30-year fixed-rate mortgage ticked down to 6.78% for the week ending November 14.

Aftermath of a Fed Rate Cut and the Election

CBS News on MSN1d
Inflation's up again. Here's what it could mean for mortgage interest rates.
So, if you're planning to buy a home soon or are thinking about refinancing, you may be wondering how this new uptick in ...
Mortgage Rates Today, Nov. 14: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage ...
Fox Business15h
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
Thinking about taking out a mortgage loan? Current mortgage rates rise to 6.99% for 30-year terms, while 15-year terms ...
Why one economist says Elon Musk could hold the key to lower mortgage rates
Could Elon Musk hold the key to lower mortgage rates?  Home sales are at multi-decade lows due to high home prices and 7% ...
Marketplace8h
The bank that’s got your mortgage lender’s back
Alanna McCargo of the Federal Home Loan Bank of San Francisco discusses the bank's role in the region's housing affordability ...
Mortgage Rates Hold Near 7%
Mortgage rates held near 7%. The average rate on the standard 30-year fixed mortgage edged lower to 6.78%, according to a ...
What To Expect From Mortgage Rates For 2025
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
CNET on MSN14h
Considering a Mortgage Refinance? Read This First
The break-even point of a mortgage refinance is when the money you save is equal to what you paid in upfront closing costs.