Average long-term U.S. mortgage rates edged down this week to their lowest levels of the year, offering a continued incentive for purchasing during the spring home-buying season.

Topics:  u.s    average   rate   mortgage   
BING NEWS:
  • Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May
    The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
    01/16/2025 - 12:42 pm | View Link
  • Rate on 30-year mortgage slips past 7%. Here’s what that does to your buying power.
    The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
    01/16/2025 - 8:02 am | View Link
  • Average rate on 30-year mortgage hits 7%, its fifth straight increase
    The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months ...
    01/16/2025 - 7:22 am | View Link
  • 30-Year Mortgage Rate Rises Above 7% for First Time Since May
    The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers ...
    01/16/2025 - 4:38 am | View Link
  • 30-Year Mortgage Rates Shoot Up, Hitting Highest Level Since May
    Mortgage rates continue to climb, jumping Friday to end the week at a new 7-month high. Rates rose for almost every other new purchase loan type as well.
    01/13/2025 - 3:53 am | View Link
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