The 30-year fixed rate averaged just under 7% this week, according to Freddie Mac, but some economists are already revising their 2025 forecasts upward.
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 ...
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.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
Homebuyers are still facing intense affordability challenges. Borrowing costs are hovering close to the highest level in months and purchase prices are continuing to rise. House hunters are pulling ...
Mortgage rates inched down in the first week of President Trump’s second term, as the financial markets assess the economic impact of his policies.
MCLEAN, Va. (AP) — The average rate on a 30-year mortgage slips to 6.96%, Freddie Mac says, ending a five-week climb. Copyright 2025 The Associated Press. All rights reserved. This material may not be ...
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 ...
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep. Economic growth is solid, driven by ...
If you were waiting for mortgage interest rates to drop before buying a home, experts suggest you might want to follow the projections of national housing economists.
WASHINGTON — President Trump said Thursday that he wants interest rates to “drop immediately” — saying he plans to “demand” reductions alongside an anticipated dip in global oil prices.
Mortgage rates followed bond yields lower as traders assessed President Trump's first executive orders. The average rate on a 30-year loan dipped under 7%.