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Mortgage Rates Have Dropped Every Day This Week
Every Thursday, Freddie Mac, a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage rates. Last week's reading edged 4 basis points lower to 6.85%. Last September, the average sank as far as 6.08%. But back in October 2023, Freddie Mac's average saw a historic rise, surging to a 23-year peak of 7.79%.
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Mortgage Rates Simmer, But Borrowers Might Get a Cooler AutumnA milder-than-expected Consumer Price Index report showed inflation did not accelerate quite as quickly as investors predicted. The report released on June 11 revealed that inflation rose 0.1% last ...
The 30-year fixed rate mortgage moved one basis point lower this week, remaining in the same range since it spiked in ...
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. It’s been a bumpy few months for mortgage rates.
Our opinions are our own. Here is a list of our partners. Weekly mortgage rates continued to inch upwards for the third consecutive week. The average rate on a 30-year fixed-rate mortgage ...
Mortgage rates edged down on Thursday, closely mirroring the downward path of 10-year Treasury yields driven by weaker than ...
Mortgage rates climbed for the second week in a row, denting home affordability in the middle of homebuying season. The average rate on the 30-year fixed-rate mortgage went up seven basis ...
Mortgage applications bounced back last week, heading up after weeks of declines and hitting their highest level in more than ...
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