- Categories: Mortgage RatesPublished On: March 20, 2025
The 30-year fixed-rate mortgage has remained below 7% for the past nine weeks, benefiting both buyers and sellers. According to Freddie Mac, the 30-year fixed rate increased slightly by 0.02 basis points this week, bringing [...]
- Categories: Mortgage RatesPublished On: March 13, 2025
Despite market fluctuations, the 30-year fixed-rate mortgage saw little to no change from last week. Rates remain relatively low compared to recent months, encouraging a positive response from homebuyers. Purchase applications have increased by 5% [...]
- Categories: Mortgage RatesPublished On: March 6, 2025
As the spring home-buying season kicks off, the 30-year fixed-rate mortgage experienced its most significant weekly drop since mid-September. This rate decrease enhances prospective homebuyers' purchasing power, offering a compelling reason to act now. Furthermore, [...]
- Categories: Mortgage RatesPublished On: February 20, 2025
This week, mortgage rates saw a slight decrease. The 30-year fixed-rate mortgage has remained just below 7% for five consecutive weeks, with fluctuations of less than 20 basis points. This continued stability is promising for [...]
- Categories: Mortgage RatesPublished On: January 16, 2025
Mortgage rates have climbed for the fifth week in a row, surpassing seven percent for the first time since May 2024. The robust economy is driving this rise in rates. Despite the upward trend, Freddie [...]
- Categories: Mortgage RatesPublished On: January 9, 2025
As the new year kicks off, the 30-year fixed-rate mortgage is holding steady at just under 7 percent. The robust economy has driven mortgage rates upward, and when combined with high home prices, housing affordability [...]
- Categories: Mortgage RatesPublished On: January 2, 2025
With rates approaching seven percent, mortgage rates have reached their highest level in nearly six months. Although rates are higher than this time last year and affordability remains a challenge, there is a positive trend [...]
- Categories: Mortgage RatesPublished On: December 26, 2024
Mortgage rates rose for the second consecutive week, recovering after a drop earlier this month. Although there has been a modest uptick in both new and existing home sales, the market continues to struggle with [...]
- Categories: Mortgage RatesPublished On: December 19, 2024
This week, mortgage rates edged up to levels similar to those seen this time in 2023. Despite the Federal Reserve cutting interest rates by 0.25%, mortgage rates have actually increased. This unexpected rise is due [...]










