Mortgage rates fall below 3% for first time ever - CNN

Jul 16, 2020 · The average rate for a 30-year-fixed mortgage dropped below last week’s record low of 3.03% and marks the seventh new low since March. Record-low rates have led to …

3%
OFF

Mortgage Rates Fall Below 3% For First Time Ever - CNN

2 weeks from now

Jul 16, 2020 · The average rate for a 30-year-fixed mortgage dropped below last week’s record low of 3.03% and marks the seventh new low since March. Record-low rates have led to …

cnn.com

5%
OFF

Mortgage Rates Fall For The First Time In Three Weeks

2 weeks from now

Jun 8, 2023 · Mortgage rates topped 5% for the first time since 2011 a little more than a year ago and have remained over 5% for all but one week during the past year. Since then they have …

cnn.com

20%
OFF

Mortgage Rates Fall To Lowest Level Since February 2023 - CNN

2 weeks from now

Sep 12, 2024 · The standard, 30-year fixed-rate mortgage averaged 6.20% in the week ended September 12, mortgage financing giant Freddie Mac said Thursday. That’s down from last …

cnn.com

22%
OFF

Mortgage Rates Plunge To Lowest Level In More Than A Year

2 weeks from now

Aug 8, 2024 · Mortgage rates have steadily fallen over the past several weeks since reaching a 2024 peak of 7.22% in early May. Rates are down from a two-decade high seen late last year.

cnn.com

8%
OFF

Trump’s Housing Market Conundrum | CNN Business

2 weeks from now

Jan 6, 2025 · The standard 30-year fixed mortgage rate, the most popular home loan option, was just below 2.8% when Trump left office in January 2021 during the pandemic. Last week, it …

cnn.com

3%
OFF

Mortgage Rates Are Falling Again | CNN Business - CNN International

2 weeks from now

May 6, 2021 · The mortgage rate for 30-year mortgages fell slightly over the past week, marking three straight weeks rates remained below 3%. The average interest rate on a 30-year fixed …

cnn.com

9%
OFF

Mortgage Rates Take A Break, Falling For The First Time In Weeks

2 weeks from now

Feb 24, 2022 · A 3.9% interest rate on a 30-year, fixed-rate mortgage for a typical $375,000 home with a 10% down payment translates to monthly payments of $1,592. That is about $228 …

cnn.com

5%
OFF

Mortgage Rates Drop Below 5% For First Time Since April - CNN

2 weeks from now

Aug 4, 2022 · The 30-year fixed-rate mortgage averaged 4.99% in the week ending August 4, down from 5.3% the week before, according to Freddie Mac. But that is still significantly higher …

cnn.com

10%
OFF

Mortgage Rates Fall For The Second Week In A Row | CNN Business

2 weeks from now

Nov 23, 2022 · A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen throughout most of 2022, spurred by the Federal Reserve’s unprecedented campaign of hiking …

cnn.com

63%
OFF

Homebuyer Demand Plunge To Lowest Level In 30 Years

2 weeks from now

1 day ago · Homebuyer demand has plummeted to the lowest level in 30 years. With mortgage applications to purchase down 63% from the pandemic peak. The last time we saw demand …

newsweek.com

7%
OFF

Mortgage Rates Fall For The Third Straight Week, Dipping Below 7%

2 weeks from now

May 23, 2024 · Mortgage rates declined for the third consecutive week in a shred of good news for Americans dealing with a still-tough housing market. The standard 30-year fixed-rate …

cnn.com

7%
OFF

Are 7% Mortgage Rates The New Normal? Today's Rates, Jan. 6, …

2 weeks from now

Jan 6, 2025 · Today's average mortgage rates on Jan. 10, 2025, compared with one week ago. We use rate data collected by Bankrate as reported by lenders across the US. See all of …

cnet.com

01%
OFF

Why Mortgage Rates Are Still High Despite The Fed Rate Cuts

2 weeks from now

22 hours ago · Why mortgage rates are still high despite the Fed rate cuts According to Freddie Mac data, the average rate on a 30-year, fixed-rate mortgage is 7.01% as of January 14, 2025.

cbsnews.com

88%
OFF

Homeowners Have Another Chance To Refinance As Mortgage Rates …

2 weeks from now

Jul 15, 2021 · The average interest rate on a 30-year fixed-rate mortgage fell to 2.88%, according to Freddie Mac, the lowest level since mid-February and the third consecutive weekly drop. …

cnn.com

6%
OFF

Will Mortgage Rates Fall Below 6% In 2025? What Experts Say

2 weeks from now

1 day ago · If mortgage rates fall below 6%, it could make buying a home a lot more affordable in 2025. Getty Images We're just a few weeks into the new year, but we are already seeing …

cbsnews.com

FAQs about Mortgage rates fall below 3% for first time ever - CNN Coupon?

What is the average 30-year fixed-rate mortgage rate?

The standard 30-year fixed-rate mortgage averaged 6.94%in the week ending May 23, down from last week’s average of 7.02%, according to Freddie Mac data released Thursday. That’s the lowest level since early April and below the key 7% threshold. CNN ...

Is the 30-year fixed-rate mortgage down?

The standard 30-year fixed-rate mortgage averaged 6.87% in the week ending June 20, mortgage financing giant Freddie Mac reported Thursday. That’s down from last week’s 6.95% average and marks the third consecutive weekly decline. Rates are down from a 2024 peak of 7.22%. ...

Why are mortgage rates falling?

Link Copied! Mortgage rates have steadily fallen over the past several weeks since reaching a 2024 peak of 7.22% in early May. US mortgage rates plummeted this week after weaker-than-expected employment data raised the odds of the Federal Reserve cutting interest rates next month. ...

Is a 30-year fixed-rate mortgage a big step in the right direction?

It’s a big step in the right direction for America’s notoriously unaffordable housing market. The standard 30-year fixed-rate mortgage averaged 6.47% this week, mortgage financing giant Freddie Mac said Thursday. That’s down substantially from last week’s average of 6.73% and marks the lowest level since May 2023. ...

Are mortgage rates going up or down?

Photo: Joe Raedle/Getty Images Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to move even higher in the coming weeks. ...

Why are mortgage rates down from a 2024 peak?

Rates are down from a 2024 peak of 7.22%. “Mortgage rates fell for the third straight week following signs of cooling inflation and market expectations of a future Federal Reserve rate cut,” said Sam Khater, Freddie Mac’s chief economist, in a release. ...