30-Year Mortgage Rates Tick Up for 1st Time in Over a Week

30-Year Mortgage Rates Tick Up for the First Time in Over a Week
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.
Average mortgage rate slips below 7%, falling for first time in 5 weeks
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.69%.
Mortgage Rates Down After Five Weeks Of Increases
The 30-year fixed-rate mortgage (FRM) broke a five-week upward trajectory and dipped to 6.96%, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). At this same time last year, the rate averaged 6.
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday.
30-year mortgage rates dip below 7% this week
Since its inception in 1970, Freddie Mac (OTC:FMCC) has played a pivotal role in helping millions of families to buy, rent, or maintain their homes. This week's survey results provide a glimpse into the current state of mortgage rates and their impact on the housing market.
It's time for Fannie & Freddie to go private: Former FDIC chair
President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is ...
Trump May Privatize Fannie Mae and Freddie Mac. What It Means for Shareholders and Homeowners.
Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...
Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive ...
Billionaire Bill Ackman's big housing bet could have a domino effect
In the wake of widespread regulatory reform after the 2008 financial crisis, the federal government placed Fannie Mae and ...
2024 U.S. home sales hit lowest level in nearly 30 years with ownership increasingly out of reach
Elevated mortgage rates, a continuing shortage of homes on the market, and record-high home prices continued to stymie ...
Housing Finance10d
Freddie Mac Multifamily Volume Increases 34% in 2024, Reaches $66 Billion
Freddie Mac’s 2024 multifamily volume was up 34% over 2023, the government-sponsored enterprise (GSE) reported. Its ...
GlobeSt.com9d
Freddie Mac Multifamily Volume Soars 34% in 2024
It also surpassed its affordable housing goals with record 2024 volume.
Business Insider12d
Freddie Mac Reminds Homeowners Impacted by Devastating Wildfires in the Los Angeles Area of Mortgage Relief Options
MCLEAN, Va., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic ...
2024 Freddie Mac Multifamily Volume Reaches $66 Billion, Up 34% Year Over Year
Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing GoalsMCLEAN, Va., Jan.
Trump's Bessent To Explore GSE Restructuring Options
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration ...