Tag: Federal Home Loan Mortgage Corp (Freddie Mac)

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines. The rate on the 30-year mortgage, the most popular home loan in the United States, jumped to 7.04 percent this […]

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30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

There was a moment in late September when mortgage rates, after a monthslong decline, appeared poised to drop low enough to bring would-be buyers and sellers off the sidelines. But that window has closed, at least for now. The average rate on the 30-year mortgage, the most popular home loan in the United States, rose […]

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