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Mortgage rates surge to 6.85%, highest since Jul.
Today's Mortgage Rates | Rates Are Elevated, and It May Be a While Before They Drop
These are today's mortgage and refinance rates. Mortgage rates went up after last week's Fed meeting, and they may only ease a little bit in 2025.
Mortgage rates rise for second straight week, highest since July
This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.
Mortgage rates surge to 6.85%, highest since July
Despite an interest rate cut in early December, mortgage rates continue to rise. The average rate for a 30-year mortgage just increased to 6.85%, the highest since July.
Today's Mortgage Rates | Rates May Not Drop As Much As Expected Next Year
These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next year.
Mortgage rates rise to close out 2024
Mortgage rates rise to close out 2024. Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate.
1d
on MSN
What's the Outlook for Interest Rates in 2025?
The Federal Reserve has projected fewer cuts to its influential interest rate in the new year. Here's what it could mean for ...
Business Insider on MSN
4h
CD, Checking, and Savings Rates Today: Explore Today's Best Rates
See how we rate banking products to write unbiased product reviews. In its last few meetings, the Federal Reserve cut ...
19h
on MSN
What 2025 holds for interest rates, inflation and the American consumer
However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even ...
23h
Mortgage Refinance Rates Tick Down From Recent 5-Month High
The 30-year mortgage refinance rate average retreated from its recent high but remains elevated. Many other refi loan types ...
1d
on MSN
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
23h
Northampton lowers rates for public EV charging
The change from charging by time to charging by electricity amount — 32 cents per kilowatt hour — will lower the cost for ...
1d
Refinance Rates Climb to Highest Level Since Late July
After yo-yo-ing in the low 7% range the previous two business days, 30-year refinancing rates rose again Tuesday. The current ...
21h
on MSN
Homelessness rates jumped by double digits in 2024 as Americans battled to afford housing
"It's just one point in time. It's a picture, a photograph, as opposed to a video" Ruege said.
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