The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% ...

When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...

The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged.

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 01/30/2025 MCLEAN, Va., Jan. 30, 2025 (GLOBE ...

The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.

MCLEAN, Va. (AP) — The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged.

In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.

The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...