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A few key economic factors could have an impact on mortgage rates this summer, experts say. Here's what to know.
Jump to insight The Congressional Budget Office forecasts that mortgage rates will remain relatively high for the remainder of 2024 but will likely decline in 2025 and 2026. A Federal Housing ...
30-year average drops lower, though remains in 6% territory Rates on 30-year mortgages are still elevated above 6%. But after registering dips both Thursday and Friday, the flagship average has ...
Mortgage applications have taken another hit as rates climb to their highest point so far in 2025. After a brief dip earlier ...
30-year loan rates drop again, creating a significant two-day decline to register lowest average in a month Following on the heels of a major drop Friday, Monday's 30-year mortgage rates shaved ...
Mortgage rates fell again this week, continuing a downward trend that has sparked a recent ... leading to a continued decline in mortgage rates," said Sam Khater, Freddie Mac’s chief economist.
But mortgage executives and housing economists don’t believe this trend will continue ... the odds that rates will drop to 6% by the end of the year are about 25%. A decline of at least 91 ...
Since the final quarter of 2024, national average mortgage rates have remained in the middle-to-high 6% range, and experts expect this trend to continue through the first half of 2025. If ...
“NAHB is forecasting a gradual decline for mortgage rates as the economy slows ... Keep in mind: Along with rate trends, home prices are also impacting the ability to get a mortgage.
Mortgage rates fell for the third week in a row on Thursday, signaling a downward trend some economists predict ... mortgage rates would continue to decline. "Mortgage rates are plunging with ...
There has been a noticeably sharp decline since the release of the jobs report. “Long-term bond deals have retraced some of that, but nonetheless, mortgage rates do seem poised to trend lower ...
Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% chance that the Fed will hold interest rates ...