Mortgage Rates Fall to 6.5%, Hitting Their Lowest Since October 2024
Mortgage rates hit 6.5%, the lowest level since October 2024 Mortgage rates moved slightly lower again this week following the Labor Day long weekend, reaching a fresh 2025 low. The average 30-year mortgage rate was 6.5% this week through Wednesday, according to Freddie Mac data, down from 6.56% a week earlier. The average 15-year rate […]
Mortgage Rates Begin to Rise Again, Approaching 7%
Mortgage rates resume climb toward 7% Mortgage rates ticked up last week, providing little relief to prospective homebuyers in a seasonally slower time for the housing market. The average 30-year fixed mortgage rate was 6.84% in the week through Wednesday, according to Freddie Mac data, compared with 6.78% a week earlier. The average 15-year rate […]