Mortgage rates inch up to start the year at a near six-month high.

Jan 2, 2025 · Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year for the U.S. housing market. The 30-year mortgage rate remains at the ...

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Starts Surge To 6-Month High - The Mortgage Note

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Dec 19, 2023 · Housing starts surged unexpectedly in November, rising to a 6-month high. New home construction increased by 14.8% last month to an annualized rate of 1.56 million, …

themortgagenote.org

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US Mortgage Rates Hit 6-month Peak, Crushing Demand - MSN

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Data released by the Mortgage Bankers Association (MBA) on Thursday revealed that the contract rate for a 30-year mortgage climbed a substantial 8 basis points to 6.97% for the …

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Mortgage Rates Hit 6-month High, Loan Applications Dwindle

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4 days ago · Interest rates on home loans for U.S. borrowers kicked off 2025 riding the same upward trend that closed out last year, hitting 6.99% last week, the highest since July 2024 …

yahoo.com

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Mortgage Rates Post Biggest Jump In Six Months - Morningstar

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Oct 10, 2024 · Separate data from Mortgage News Daily said that the 30-year fixed-rate mortgage was averaging 6.67% as of Thursday morning. The Mortgage Bankers Association's survey …

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Mortgage Rates Tick Up, Nearing 6-Month High - Jan. 2, 2025

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Jan 2, 2025 · Looking further back, 30-year mortgage rates hit a high 7.37% in April, so today's rates are still improved versus last spring. They're also about a percentage point cheaper than …

investopedia.com

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U.S. Mortgage Rates Surge To 6-month High -MBA - Yahoo Finance

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The contract rate on a 30-year fixed rate mortgage climbed to 3.23% in the week ended Oct. 15 from 3.18% the week before, the Mortgage Bankers Association reported on Wednesday in its …

yahoo.com

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Mortgage Rates Post Biggest Jump In Six Months - MarketWatch

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Oct 10, 2024 · The 30-year mortgage rate posted the biggest one-week increase since April, averaging 6.32% as of Oct. 10, according to data released by Freddie Mac on Thursday. …

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Mortgage Rates Rise To Six-month High, Freddie Mac Says | National ...

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Jan 2, 2025 · The 30-year fixed rate averaged 6.91% as of Jan. 2, the Freddie Mac Primary Mortgage Market Survey reported. This marks the third consecutive week of increases and a …

nationalmortgagenews.com

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U.S. Mortgage Rates Surge To 6-month High -MBA | Reuters

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Oct 20, 2021 · The contract rate on a 30-year fixed rate mortgage climbed to 3.23% in the week ended Oct. 15 from 3.18% the week before, the Mortgage Bankers Association reported on …

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U.S. Mortgage Rates Surge To 6-month High -MBA - Yahoo Finance

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Oct 20, 2021 · The contract rate on a 30-year fixed rate mortgage climbed to 3.23% in the week ended Oct. 15 from 3.18% the week before, the Mortgage Bankers Association reported on …

yahoo.com

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Mortgage Rates Surge To 6.72% As Homebuyers Wait For 'Stability'

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Oct 31, 2024 · Mortgage rates increased from 6.54% last week to 6.72% for a 30-year fixed home loan for the week ending Oct. 31, according to Freddie Mac. ... surge in mortgage rates is a …

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Mortgage Rates Were Expected To Fall, But They’re Surging. There’s …

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2 days ago · 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 …

marketwatch.com

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Money Blog: Traders Bet On Pound Dropping 8% - Sky News

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19 hours ago · The 30-year reached a new high of 5.47%, a rate not seen since mid-1998, while the 10-year ticked up but remained below the 2008-high seen last week. ... What can we …

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FAQs about Mortgage rates inch up to start the year at a near six-month high. Coupon?

What's going on with mortgage rates?

Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year for the U.S. housing market. The 30-year mortgage rate remains at the highest level since July 2024. It averaged 6.91% as of Jan. 2, according to data released by Freddie Mac on Thursday. ...

Will mortgage rates go down in the New Year?

Vielhaber added, "With little hope for a substantial move downward in mortgage rates in the near-term, this dynamic could remain well into the new year." Single-family housing starts skyrocketed by 18.0 percent to an annual rate of 1.143 million, while multi-family starts shot up by 6.9 percent to an annual rate of 417,000. ...

How much has the 30-year mortgage rate increased since April?

The 30-year mortgage rate posted the biggest one-week increase since April, averaging 6.32% as of Oct. 10, according to data released by Freddie Mac on Thursday. Aarthi Swaminathan is a MarketWatch personal finance reporter. Copyright © 2024 MarketWatch, Inc. ...

Will mortgage rates go up in 2025?

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025? Rates are 6.91% for a 30-year mortgage, compared with 6.62% in the same period last year. Photo: Getty Images ...

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 have mortgage rates jumped higher?

Mortgage rates jumped higher on the back of the market’s dimming expectations for another interest-rate cut by the Federal Reserve, as the U.S. economy shows signs of strength. The 30-year mortgage rate posted the biggest one-week increase since April, averaging 6.32% as of Oct. 10, according to data released by Freddie Mac on Thursday. ...