The Latest Breaking News from Freddie Mac

30-Year Mortgage Rates Eased To Lowest Level Since Mid-May. Yet Homebuying Demand Showed Little Response.

The average 30-year fixed mortgage rate fell to its lowest level in seven weeks even as home sales remained well below historical norms.

International Business Times · Jul 2

Average 30-year U.S. mortgage rate falls to 6.47%, tracking lower bond yields as Iran war winds down

The average long-term U.S. mortgage rate fell this week, tracking Treasury yields that have retreated since a deal to end the war with Iran was announced

AAP · Jun 18

America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire

Rising gas prices pushed inflation to its highest level in three years, new data showed this week, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

AAP · Jun 13

Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what's traditionally the housing market's busiest time of the year

AAP · May 21

Average US long-term mortgage rates continue to rise

The benchmark 30-year fixed-rate mortgage reached 6.37%, up from 6.3% last week, Freddie Mac reported

The Independent UK · May 7

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season

The Independent UK · Apr 30

Self-Employed Borrowers Face Higher Hurdles in Today’s Mortgage Market

Hopes that Americans could finally get more affordable mortgages due to falling interest rates have been dashed in recent weeks as geopolitical tensions are pushing rates up once again.

inkl · Apr 24

Michael Burry Bets On PayPal As X Money Threat Looms — Sees Mispricing Opportunity

PayPal's stock rose after Michael Burry disclosed a 3.5% stake amid activist buzz and competition from Elon Musk's X Money, while legal challenges and CEO departure add to the uncertainty.

International Business Times UK · Apr 20

Average US long-term mortgage rate eases to 6.37% after rising five weeks in a row

The average long-term U.S. mortgage rate eased this week, a modest relief for prospective homebuyers who have been facing higher borrowing costs as mortgage rates climbed to the highest level in nearly seven months

The Independent UK · Apr 9

Bill Ackman’s $64 billion Universal Music play is part of his strategy to become the next Warren Buffett

Ackman, a self-described Buffett “devotee,” is following his idol’s playbook to access “permanent capital” by trying to jointly list his hedge fund, Pershing Square Capital, and Universal Music Group.

Fortune · Apr 7