Average mortgage rates close 2024 at the highest since July
The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from Freddie Mac.
Average Rate for 30-Year Mortgage Rises to Highest Level in Months
Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says.
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to price home loans.
Mortgage rates jump, finish the year at a five-month high
U.S. mortgage rates jumped to the highest level in five months as the year drew to a close. In the last full week of 2024, the 30-year mortgage rate rose to the highest level since mid-July, averaging 6.85% as of December 26, according to data released by Freddie Mac FMCC -0.80% on Thursday.
Mortgage rates rise for second straight week, highest since July
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.85%, up from last week's reading of 6.72%. The average rate on a 30-year loan was 6.61% a year ago.
Average rate on a 30-year mortgage climbs to 6.85%, highest since July
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to pri
Mortgage rates rise again, finishing the year at 6.85% — just about the way they started
Mortgage rates rose again this week to end the year slightly higher than where they began. The average 30-year fixed-rate mortgage rate was 6.85% for the week through Wednesday, according to Freddie Mac data.
Mortgage rates rise to close out 2024
Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate. (Scripps News)
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