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The Latest Breaking News from Freddie Mac

30-Year Mortgage Rate Drops To 6.86%, Easing Burden On Homebuyers

Freddie Mac's chief economist, Sam Khater, highlighted that the 30-year fixed-rate mortgage hit its lowest level in nearly three months and expects rates to continue to fall over the summer, potentially bringing more buyers back into the market.

International Business Times · Jun 27, 2024

Home Loan Costs Decline Again, Hitting Lowest Rate Since Early April

This marks the third consecutive week of declining mortgage rates, which have largely remained around 7% since April.

International Business Times · Jun 20, 2024

Mortgage Rates Decline To Lowest Level Since April

Mortgage rates drop to lowest level since April, providing relief to potential homebuyers. Fed rate cut expected to impact rates.

Mortgage Rates Rise Above 7% In Setback For Homebuyers

Learn about the impact of rising mortgage rates on homebuyers and the housing market, influenced by Fed policy and economic factors.

Mortgage Rates Dip, Offering Relief To Homebuyers

U.S. mortgage rates dip slightly, offering relief to homebuyers amidst rising prices and competitive market.

Yes, interest rates really are high right now

Just because they're lower than in the 80s doesn't mean they aren't elevated.

Axios · May 10, 2024

Average U.S. Mortgage Rate Climbs To Highest Since November

Learn about the impact of rising U.S. mortgage rates on homebuyers and the real estate market during the peak season.

U.S. Mortgage Rates Climb, Impacting Homebuyers

U.S. mortgage rates rise to nearly 7%, impacting homebuyers as spring season begins.

Mortgage Rates Rise, Impacting Spring Homebuying Season

U.S. mortgage rates rise for the third week, impacting home loan borrowing costs during the spring homebuying season.

Rising Mortgage Rates Pose Challenge for Spring Homebuying Season

Learn about the recent rise in U.S. mortgage rates, which could impact prospective homebuyers ahead of the spring homebuying season.

Average long-term mortgage rates ease as spring homebuying season approaches

The average long-term U.S. mortgage rate saw a slight decrease this week, providing potential homebuyers some relief as the spring homebuying season approa...

US Mortgage Rates Rise to Highest Level in Four Weeks

The average long-term U.S. mortgage rate rose to its highest level in four weeks, with the 30-year rate at 6.66% and the 15-year rate at 5.87%.

Average long-term mortgage rates rise again, reaching their highest level in 4 weeks

The average long-term U.S. mortgage rate rose for the second time in as many weeks, climbing to its highest level in four weeks

The Independent UK · Jan 11, 2024

Average long-term mortgage rates edge higher, snapping 9-week slide

The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades

The Independent UK · Jan 4, 2024

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Mortgage Rates Plummet to Lowest Levels in Months!

In a delightful twist, mortgage rates in the US have taken a joyful slide to their lowest levels since May, according to the ever-reliable Freddie Mac. Thi...

International Business Times · Dec 22, 2023

US New Home Sales Slow More Than Expected In November

Sales of new US homes cooled more than anticipated in November, slipping to the lowest level in a year, according to government data released Friday.

Mortgage Rates Relax as Freddie Mac Reports Softening Trend

Freddie Mac reports a delightful dip in mortgage rates, offering a sweet spot for homebuyers and stimulating the housing market. Time to seize the dream home!

The Independent UK · Dec 14, 2023

The average long-term US mortgage rate dips below 7% to its lowest level since early August

The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale

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The Independent UK · Nov 30, 2023

The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September

The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market

International Business Times · Nov 27, 2023

Sales Of New US Homes Slow In October

New home sales in the United States decelerated in October, according to government data released Monday, although the market for new properties remains boosted by a lack of inventory for existing ones.

Kiplinger · Nov 11, 2023

Best Foreclosure Sites for Finding Properties

Wondering how to find foreclosed homes for sale for your next residence or to flip for a profit? These websites will guide you to foreclosures and real estate-owned properties to buy.

WEKU · Nov 11, 2023

Thousands of veterans face foreclosure and it's not their fault. The VA could help

An NPR investigation finds that many people with VA loans who got a COVID forbearance are at risk of losing their homes. The VA has a fix, but it could be too late unless it halts foreclosures.

The Independent UK · Nov 9, 2023

The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

The Independent UK · Nov 2, 2023

The average long-term US mortgage rate slips to 7.76% in first drop after climbing 7 weeks in a row

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 Independent UK · Oct 26, 2023

The average long-term US mortgage rate rises for 7th straight week, 30-year loan reaches 7.79%

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

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