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Mortgage, Rates
30-Year Mortgage Rates Tick Up for the First Time in Over a Week
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam Khater, Freddie Mac’s chief economist. “The underlying strength of the economy is contributing to this increase in rates."
Q1 2025 mortgage rates: 30-year fixed loans to average 6.7%
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
30-year mortgage rates dip below 7% this week
Since its inception in 1970, Freddie Mac (OTC:FMCC) has played a pivotal role in helping millions of families to buy, rent, or maintain their homes. This week's survey results provide a glimpse into the current state of mortgage rates and their impact on the housing market.
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday.
2h
on MSN
When I told the internet I'm paying off my 2% mortgage early, men flooded my inbox to 'correct' me. They're wrong, and here's why.
I'm paying off our 15-year mortgage early, even though the interest is under 2%. Returns aren't everything, and financial ...
1d
on MSN
The 30-year mortgage rate is back below 7%. How does this affect your purchasing power?
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near ...
1d
30-Year Mortgage Rates Hold at Cheapest Level of 2025
After shooting up last week to a 7-month high, rates on 30-year mortgages have moved the other way—falling four days in a row ...
6h
on MSN
Mortgage insurers face limited earnings pressure from catastrophes - Fitch Ratings
The recent wildfires and hurricanes are expected to incrementally increase mortgage delinquencies, but will have a relatively ...
HousingWire
2h
CFPB received fewer reverse mortgage complaints in 2024
There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.
3d
on MSN
If Your House Burned Down in the L.A. Wildfires, Do You Still Have to Pay Your Mortgage?
"Homeowners are still obligated to pay their mortgage unless they receive specific relief from their lender. Mortgage ...
13h
Newsom says state banks and credit unions will offer mortgage relief for fire survivors
More than 270 state banks, credit unions and lenders will provide mortgage relief for property owners impacted by the ...
5d
on MSN
Today's Mortgage Rates | Rates Are Down For Now
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear ...
3d
What Is a Mortgage Acceleration Clause?
An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.
HousingWire
3d
After sentencing of reverse mortgage scammer, Illinois activists seek home preservation program
Following the sentencing of scammer Mark Diamond, Illinois is considering a home renovation program for older residents under state law.
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