Feb. 27, 2025 – Rates Move Down
Mortgage Rates Have Now Dropped Every Day for a Week
Rates on 30-year new purchase mortgages dropped for a fifth day Thursday, slipping another 3 basis points to create a week-long decline of 23 points. The current average of 6.60% establishes a new low point for this year, with the last time rates were cheaper being two weeks before Christmas.
If you're planning to buy a house soon, it helps to know what could happen with the mortgage rate environment.
If you're in the market to buy a house, don't expect mortgage rates to drop anytime soon. "In the near term, rates are going ...
The post Mortgage Rates Are Projected To Stay Higher for Longer Than Expected in 2025, Fannie Mae Says appeared first on Real ...
This week, mortgage rates decreased to their lowest level in over two months. The drop in mortgage rates, combined with ...
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March Mortgage Outlook: Hostile Rates, but Friendly Price CutsMortgage rates might remain level for the first two-thirds of March. But they could rise after March 19, when the Federal ...
A drop in consumer confidence caused the bond yields that underpin mortgage rates to fall. 30-year loans averaged 6.76% this ...
Rates on 30-year new purchase mortgages dropped for a sixth day Thursday, ticking down 1 basis point to an average of 6.59%. In the past six days, the flagship rate has shed 24 points. The current ...
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.
Mortgage interest rates saw a mild recovery this month, but housing market experts say that doesn't change much for ...
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