Mortgage Rates Today: January 10, 2025—Rates Remain Fairly Steady
The current mortgage rate on a 30-year fixed mortgage rose by 0.05 percentage point in the last week to 7.37%, according to Curinos. Meanwhile, the APR on a 15-year fixed mortgage climbed 0.05 percentage point during the same period to 6.
Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
Weekly Mortgage Rates Ebb, but Rates Unlikely to Plunge in 2025
Mortgage interest rates pulled back a little this week, but it was hardly enough to erase the past three weeks' gains. The week ending Jan. 9, the average rate on the 30-year fixed-rate mortgage fell four basis points to 6.93%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point.
U.S. Mortgage Rates Climb to Highest Since July
U.S. mortgage rates are back at their highest level since last summer, frustrating home buyers waiting for a break from some of the steepest borrowing costs in more than a decade.
Mortgage Rates Continue to Trend Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.93 percent. "In the first full week of the new year,
US 30-year fixed-rate mortgage rate hovers just under 7%
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.
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The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
Mortgage rates rise for fourth straight week, inching closer to 7%
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains ...
What factors drive mortgage loan interest rates?
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
Mortgage Rates Rise Again, to 6.93%—but Economists Predict Housing Market Conditions Will Improve
Mortgage rates jumped to a six-month high of 6.93%, up from 6.91% last week, for the average 30-year fixed home loan for the ...