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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. A year ago, it averaged 6.69%.
Mortgage rates finally fall after 6-week climb
The average 30-year fixed-rate mortgage dropped below 7% after climbing for six consecutive weeks as the housing market sees little relief amid an affordability crisis.
Mortgage rates declined this week, falling below 7%
After rising for several weeks, mortgage rates have dipped slightly this week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fix
Mortgage rates fall after six weeks of gain
Mortgage rates fell after six weeks of steady gain, and homebuyers embraced the change as reflected in higher purchase applications, the latest Freddie Mac Primary Mortgage Survey showed. 30-year fixed-rate mortgages averaged 6.
1h
The 30-year mortgage rate is back below 7%. How does this affect your purchasing power?
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near future.” ...
6d
on MSN
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 ...
2d
My Thoughts On Ackman's Presentation For Fannie And Freddie
An analysis of Bill Ackman's presentation on Fannie Mae and Freddie Mac, cautioning investors on volatility and long-term ...
2h
Controversial Mortgage Fees to Change Under New Bill
Stephanie Bice has introduced a bill that could reverse key changes implemented by the Federal Housing Finance Agency (FHFA).
9h
How Trump’s First Round Of Executive Orders May Impact Jobs And Housing Costs
With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across ...
6d
on MSN
Veteran fund manager makes bold prediction about Fannie Mae, Freddie Mac
In the aftermath of the housing market bubble, the federal government placed Fannie Mae and Freddie Mac under a financial ...
3h
Family who owns Purdue Pharma could pay up to $7.4 billion in latest settlement of lawsuits over the toll of OxyContin
Family who owns Purdue Pharma could pay up to $7.4 billion in latest settlement of lawsuits over the toll of OxyContin.
13d
Donald Trump Could Privatize Fannie Mae and Freddie Mac: What It Means for Your Mortgage
Fannie Mae and Freddie Mac, the government-backed mortgage giants, could be headed for privatization under Donald Trump 's ...
5h
30-Year Mortgage Rates Hold at Cheapest Level of 2025
After shooting up last week to a 7-month high, rates on 30-year mortgages have moved the other way—falling four days in a row and now holding at that lower level.
National Mortgage News
2h
Mortgage rates drop, but treasury yields tell another story
The 30-year fixed rate mortgage fell back under 7% this week, the Freddie Mac survey found. But Treasury yields started rising again in recent days.
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Trump
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mortgage
Bill Pulte
Federal Housing Finance Agency
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