Mortgage rates are still rising — here’s what it means for 2025
Mortgage rates have steadily increased over the past three months, a frustrating development for home buyers trying to enter the housing market. When the Fed began cutting interest rates in September 2024,
Here’s where mortgage rates could be headed in 2025
The National Association of Realtors predicts mortgage rates will be around 6 percent in 2025. Meanwhile, Redfin predicts mortgage rates will remain in the high-6 percent range throughout 2025, with the weekly average rate fluctuating throughout the year but averaging around 6.8 percent.
Mortgage rates creeping back up toward 7%
Mortgage rates are starting 2025 at the highest they've been since last summer on expectations that the Fed will keep rates higher longer.
Mortgage Rates Today: January 7, 2025—Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 7.30% with an APR of 7.32%, according to Curinos. The 15-year fixed mortgage has an average rate of 6.53% with an APR of 6.56%. On a 30-year jumbo mortgage,
Mortgage Rates Inch Up to Nearly 7%—the Highest in 6 Months Even as Pending Home Sales Rise
The post Mortgage Rates Inch Up to Nearly 7%—the Highest in 6 Months Even as Pending Home Sales Rise appeared first on Real Estate News & Insights | realtor.com®.
The ‘Hidden Force’ That Can Bring Mortgage Rates Down
Mortgage rates have been moving against home buyers in recent weeks. But there is a sliver of hope on the horizon. Freddie Mac’s benchmark national average 30-year, fixed-rate mortgage is nearing 7% once again,
How to Get a Mortgage Rate Under 5% as Costs Surge
The average rate for a 30-year mortgage hit a six-month high last week, but homebuyers still have options for securing a lower rate.
30-Year Mortgage Rates Inch Higher Again
Rates on new 30-year loans have been wavering below a recent 6-month high—but are now creeping back up to approach it again. Several other loan types also edged higher.
Why mortgage rates are going up while the Fed is cutting rates
Since the Fed's first cut in September, the average 30-year fixed mortgage rate has gone up nearly a full percentage point.
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's ...
Divorce Monday 2025: When High Mortgage Rates Block The Exit
Current mortgage rates play havoc with homeowners who want to split up. Divorce often means selling or refinancing the house, ...
US 30-Year Mortgage Rate Just Shy of 7% Bridles Home Purchases
US mortgage rates edged up to just shy of 7% at the turn of year and a gauge of home-purchase applications tumbled to the ...
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Mortgage rates above 7% are clouding the housing market outlook
At HousingWire ’s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. That was up 2 basis points (bps) ...
What To Expect in Mortgage Rates and Savings Accounts in 2025
As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of ...
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Mortgage Rates Rise to Match 6 Month Highs
We came into the current week knowing that rates would take cues from any clear cues in this week's economic data.  In ...
Today's Mortgage Rates | Rates Should Go Down This Year as Long as Inflation Slows
These are today's mortgage and refinance rates. Mortgage rates are starting the year elevated, but they're expected to go ...
Mortgage rates hit highest level since July, crushing application demand
Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop ...