Category: Housing Market
Today’s Mortgage Rates Remain Steady Ahead of Fed’s Meeting – Dec 13, 2024
December 13th, 2024
Today’s mortgage rates remain steady, averaging 6.30% as we approach the Federal Reserve's meeting, scheduled for next week. While the Fed is expected to lower rates, the market has already anticipated this change, meaning we shouldn't expect significant drops in mortgage …Read more »
Mortgage Rates Average 6.6% for the Week Ending Dec 12, 2024
December 13th, 2024
The average mortgage rate has decreased to 6.6% for the week ending December 12, 2024, as reported by Freddie Mac. This marks the third consecutive week of declines, providing homebuyers with a ray of hope amidst ongoing affordability challenges in the housing …Read more »
Today’s Mortgage Rates Fall Again – December 12, 2024
December 12th, 2024
In a significant development for potential homebuyers and those considering refinancing, today’s mortgage rates fall again, with the average rates dropping across all major loan categories. According to data provided by Bankrate, the average rates for 30-year fixed, 15-year fixed, 5/1 …Read more »
Mortgage Rates Predictions for 2025: Expert Forecast
December 12th, 2024
Are you thinking about buying a home in 2025? Or perhaps you're considering refinancing your current mortgage? If so, you're probably wondering what mortgage rates might look like in the near future. Mortgage Rate Predictions for 2025 suggest a period of relative …Read more »
Today’s Mortgage Rates Surge Ahead of CPI Report – December 11, 2024
December 11th, 2024
Mortgage rates have climbed today as the market anticipates the report from the Consumer Price Index (CPI) set to be released later today. As of December 11, 2024, the national average for the 30-year fixed mortgage rate is 6.26%, while the …Read more »
Today’s Mortgage Rates Fall Slightly – December 9, 2024 Update
December 9th, 2024
If you're looking to buy a home or refinance your existing mortgage, today's mortgage rates reveal a slight decrease in costs. As of December 9, 2024, the average rates have shown some relief for homeowners and potential buyers alike. The 30-year fixed …Read more »
Mortgage Rates Predictions December 2024: Will Rates Fall?
December 9th, 2024
As we approach December 2024, mortgage rates predictions suggest that rates are unlikely to see significant declines this month, standing at around 7.03% for a 30-year fixed mortgage. While buyers have been eagerly hoping for lower borrowing costs, current economic trends indicate …Read more »
Mortgage Rates Are Predicted to Stay Above 6% in 2025
December 9th, 2024
Are you planning to buy or sell a home in 2025? Mortgage rates to stay above 6% in 2025, according to the Realtor.com® economic research team, and this could impact your home buying or selling journey. While there might be some …Read more »
Will Mortgage Rates Fall Below 6% in 2025: Expert Insights
December 9th, 2024
It's a question on many homeowners' and aspiring homebuyers' minds: Will mortgage rates fall below 6% in 2025? Based on current forecasts from reputable sources like Realtor.com, Bright MLS, and Fannie Mae, it's unlikely that mortgage rates will dip below 6% in 2025. …Read more »
