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The Latest Breaking News from Freddie Mac

A standard 30-year mortgage dropped to an average of 6.47%, down from 6.73%

The Street

Mortgage Rates Hit Lowest Level In Over A Year

Mortgage rates hit a year low, offering opportunities for buyers and refinancers. Expectations of rates above 6% due to economic factors.

Top News

Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective homebuyers and homeowners looking to refinance their home loan to a lower rate

The Independent UK

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Mortgage Rates Hit Lowest Level Since February, Easing Borrowing Costs

Mortgage rates decline, offering hope for homebuyers amidst housing market challenges. Stabilization and potential Fed rate cuts provide relief.

Top News

Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February

The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices

The Independent UK

FHA loan vs. conventional loan: What homebuyers should know

FHA home loans can be a good option for first-time homebuyers, as well as those with lower credit scores, as they’re backed by the federal government.

Fortune

Joe Biden Loves Rent Control, J.D. Vance Hates BlackRock

Republicans and Democrats have both managed to get worse on housing policy in the past week.

Reason

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Mortgage rates just had a huge drop

Mortgage lenders see more homes bought and sold when — and if — the Federal Reserve starts cutting rates.

The Street

Mortgage Rates Dip Slightly, Offering Relief To Home Shoppers

US mortgage rates see a slight decrease, impacting homebuyers and the housing market. Experts predict stability with potential rate cuts in the future.

Top News

Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers

The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices

The Independent UK

Freddie Mac Reports Drop In 30-Year Mortgage Rates

Learn about the recent decrease in mortgage rates and how it can benefit homebuyers and refinancers.

Top News

Average rate on a 30-year mortgage climbs for the first time since late May to just under 7%

The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May

The Independent UK

30-Year Mortgage Rate Drops To 6.86%, Easing Burden On Homebuyers

Freddie Mac's chief economist, Sam Khater, highlighted that the 30-year fixed-rate mortgage hit its lowest level in nearly three months and expects rates to continue to fall over the summer, potentially bringing more buyers back into the market.

International Business Times

How much mortgage debt do Americans have on average?

Mortgages are the most common path to homeownership. How much have Americans borrowed to pay for their homes, and what’s the average monthly mortgage payment?

The Street

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International Business Times

Home Loan Costs Decline Again, Hitting Lowest Rate Since Early April

This marks the third consecutive week of declining mortgage rates, which have largely remained around 7% since April.

Top News

Mortgage Rates Decline To Lowest Level Since April

Mortgage rates drop to lowest level since April, providing relief to potential homebuyers. Fed rate cut expected to impact rates.

Top News

Mortgage Rates Rise Above 7% In Setback For Homebuyers

Learn about the impact of rising mortgage rates on homebuyers and the housing market, influenced by Fed policy and economic factors.

Top News

Mortgage Rates Dip, Offering Relief To Homebuyers

U.S. mortgage rates dip slightly, offering relief to homebuyers amidst rising prices and competitive market.

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Axios

Yes, interest rates really are high right now

Just because they're lower than in the 80s doesn't mean they aren't elevated.

Top News

Average U.S. Mortgage Rate Climbs To Highest Since November

Learn about the impact of rising U.S. mortgage rates on homebuyers and the real estate market during the peak season.

The Street

Want interest rate cuts this year? Too bad

Sticky inflation and a hot economy have put the Fed in a tough spot.

The Street

Watch out for 8% mortgage rates

This week's CPI report is pushing interest rates higher just in time for the peak homebuying season.

Top News

U.S. Mortgage Rates Climb, Impacting Homebuyers

U.S. mortgage rates rise to nearly 7%, impacting homebuyers as spring season begins.

Top News

Mortgage Rates Rise, Impacting Spring Homebuying Season

U.S. mortgage rates rise for the third week, impacting home loan borrowing costs during the spring homebuying season.

The Street

Housing needs time to recover. Interest rates won't help.

The one thing the housing market needs may not arrive for some time.

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People

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