The Latest Breaking News from Freddie Mac

The average rate on the benchmark 30-year home loan fell slightly this week, ending a seven-week climb —- modest relief for prospective homebuyers grappling with an increasingly unaffordable housing market

The average rate on the benchmark 30-year home loan rose for the seventh straight week, making a significant hurdle for prospective homebuyers

Mortgage rates are high this year, but you can still find an affordable loan with these tips.

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Latest mortgage rates data shows a tough landscape for prospective homebuyers – and sellers.

The housing market in the United States is battling its biggest affordability crisis in almost 40 years.

Mortgage buyer Freddie Mac said the average rate on the benchmark 30-year home loan rose to 7.09% — a year ago, the rate averaged 5.13%.

The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years, grim news for would-be homebuyers already facing high home prices caused a lack of supply

The average long-term U.S. mortgage rate rose this week to just under 7%, the latest setback for would-be homebuyers already facing affordability challenges due to a housing market limited by a shortage of homes for sale