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30-year fixed-rate mortgage: 5.75%. Change: -1.15 percentage point. Highest since 2009. Mortgage rates ended 2023 with a cooldown almost as fast as the surge.
Mortgage rates: According to Bankrate’s weekly survey of large lenders, the average 30-year mortgage rate as of April 10 was 7.08 percent. Forecast for mortgage rates and types
July 23, 2024 at 7:58 PM. Feverpitched / Getty Images/iStockphoto. After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end ...
The average rate for shorter 15-year terms is 6.14% for purchase and 6.17% for refinance, down 19 basis points from 6.33% for purchase and down 13 basis points from 6.30% for refinance this time ...
Average mortgage rates open the week with a continued easing on five-month lows as of Monday, August 5, 2024, after last week's Fed policy meeting, where officials held the benchmark interest rate ...
Mortgage giant Fannie Mae likewise raised its outlook, now expecting 30-year mortgage rates to be at 6.4 percent by the end of 2024, compared to an earlier forecast of 5.8 percent.
Fannie Mae forecasts a nearly 5% price appreciation by the end of 2024. NAR predicts the year-end median price on existing homes will hit $393,000, up from $387,000 in 2023. "One thing that seems ...
Average mortgage rates remain stable as of Thursday, July 25, 2024, a welcome calming after spikes and volatility earlier in the month that pushed 30-year fixed rates above 7.00%.