Mortgage rates are going down, but U.S. home sales are still on track for the worst year since 1995
December 12, 2024
Mortgage rates sink to 15-month low—a glimmer of hope for homebuyers
BY ALEX VEIGA AND ASSOCIATED PRESS
August 29, 2024
The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.46%.
Mortgage rates are going down, but U.S. home sales are still on track for the worst year since 1995
December 12, 2024
Mortgage rates sink to 15-month low—a glimmer of hope for homebuyers
BY ALEX VEIGA AND ASSOCIATED PRESS
August 29, 2024

The average rate on the 30-year fixed mortgage sank 16 basis points on Friday to 6.29%, according to Mortgage Daily News.

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective…

The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective…

The benchmark 30-year fixed rate mortgage rate rose to 6.66% from 6.58% last week, mortgage buyer Freddie Mac said Thursday. One…

Rising mortgage rates are adding to pressure on the US housing market, with the average long-term home loan rate climbing to its…

Rates have risen for two consecutive weeks and have been hovering around the 6.5 percent level since mid-May.