Average rate on a 30-year mortgage in the US rises again to highest level in nearly 3 months
The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months.
Here’s why mortgage rates are rising after the Fed’s rate cut
US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved.
US 30-year fixed-rate mortgage rises to 6.54%
U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on the back foot for some time even as the Federal Reserve cuts interest rates.
The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
Alert: The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
MCLEAN, Va. (AP) — The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
Average Rate on a 30-Year Mortgage Hits Highest Level in Nearly 3 Months
The average rate on a 30-year mortgage climbed to 6.54 percent this week, according to mortgage buyer Freddie Mac.
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Mortgage Rates Today, Oct. 25: Median Rate Remains 6.88%
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Despite Fed's recent interest rate drop, mortgage rates continue to climb
A recent drop in federal interest rates did little to quell mortgage rates, which ticked up for a fourth straight weeks.
Freddie Mac Issues Monthly Volume Summary for September 2024
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Election season, economic strength drive latest interest rate volatility
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