December 27, 2024
The states with the cheapest 30-year new purchase mortgage rates Thursday were New York, Florida, North Carolina, Texas, California, Georgia, Kentucky, and South Carolina. Those eight states registered averages between 6.83% and 6.99%. Meanwhile, the states with the highest averages… Continue Reading…
There are a few types of borrowers who could benefit from refinancing their mortgages right now. Getty Images While rates have been cooling, today’s high-rate environment has made it challenging for homeowners to refinance their mortgage loans. With average mortgage… Continue Reading…
Breadcrumb Trail Links Personal Finance Real Estate First-Time Homebuyers Mortgages If you are considering buying, it is time to get busy. Today is an opportunity that will look cheap a year from now Published Dec 27, 2024 • Last updated… Continue Reading…
Mortgage rates have increased this week. According to Freddie Mac, the 30-year fixed mortgage rate rose 13 basis points to 6.85% — 24 basis points higher than this time last year. The good news is that the 30-year rate is… Continue Reading…
Mortgage foreclosures are hovering near historic lows, but a growing number of people are still having trouble paying their mortgages, while an influx of scammers loom to take advantage. The Minnesota Attorney General’s Office recently issued a warning about an… Continue Reading…
As of December 27, 2024, today’s mortgage rates reflect a notable increase, with the average 30-year fixed mortgage rate at 6.85%. Although this represents a bump from previous weeks, it remains below the peak levels seen earlier in 2024. For those considering buying… Continue Reading…
As we close out 2024, mortgage rates have jumped once more, reaching an average of 6.85% for a 30-year fixed mortgage, closely reflecting where they began the year. This increase has raised concerns among potential homebuyers, especially in a market already grappling… Continue Reading…
As we head into 2025, mortgage rates appear headed back to 7%. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 6.85% this week, increasing home affordable challenges. “Mortgage rates increased for the second straight… Continue Reading…
Stable mortgage rates, an increase in housing inventory and modestly increasing home prices are among the things we can expect to see from real estate in 2025. This is according to local and national housing experts who have been forecasting… Continue Reading…
December 26, 2024
Freddie Mac (FMCC) reported an increase in mortgage rates for the second consecutive week. The 30-year fixed-rate mortgage averaged 6.85%, up from 6.72% last week and higher than the 6.61% recorded a year ago. The… Continue Reading…