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News for: Mortgage Rates
Showing 1057 - 1061 of 1061 results
Apr 17, 2025 3:51 AM — Mortgage Rates
Mortgage rates at highest since February, Freddie Mac says
Mortgage rates increased over 20 basis points, but stayed below 7%. The increase impacts home buyers, as the 30-year fixed-rate mortgage averaged 6.83%, up from the previous week. However, the spring home buying season is stronger this year compared to last year. The mortgage market has been volatile due to factors such as rising Treasury yields and credit spreads. The 7% threshold is important fo... more
Apr 16, 2025 9:39 AM — Mortgage Rates
Mortgage rates to average 7% in 2Q, MBA says
The Mortgage Bankers Association is predicting mortgage rates to average 7% in the current quarter, with volatility in rates due to President Trump's tariff announcements. Refinance opportunities are expected to increase, but purchase volume is expected to decrease slightly. The forecast also includes expectations of stagflation and a reduction in economic growth. The Federal Reserve is expected t... more
Apr 9, 2025 9:39 AM — Mortgage Rates
Freddie Mac survey: mortgage rates edge lower
The Freddie Mac Primary Mortgage Market Survey showed a small decrease in mortgage rates, with the 30-year fixed rate mortgage averaging 6.62%. While rates have remained under 7% for several weeks, there have been fluctuations due to economic uncertainties and tariff policies. The Mortgage Bankers Association reported a rate of 6.61% in its latest survey, but rates have since increased. Borrowing ... more
Apr 9, 2025 9:39 AM — Mortgage Rates
Tariff twist boosts mortgage stocks, interest rates still up
Following Pres. Trump's announcement on Truth Social pausing most tariffs, most mortgage and housing stocks were up, except for China where tariffs were increased to 125%. Initially, the housing sector stocks were unaffected by the tariff announcement as the market expected lower mortgage rates. However, the 10-year Treasury yield closed higher on Tuesday, causing mortgage rates to remain elevated... more
Apr 2, 2025 9:39 AM — Mortgage Rates
Mortgage rates move lower on tariff uncertainty
Mortgage rates saw a slight drop this week as investors reacted to President Trump's tariff announcement, causing anxiety in the market. Rates for 30-year fixed rate mortgages have been stable, with slight decreases in recent weeks. The market uncertainty is creating opportunities for some, but not everyone is optimistic. However, some experts believe the dip in mortgage rates could lead to an ear... more
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