Reaction
Instant Reaction: Mortgage Rates, September 5, 2024
The average 30-year fixed mortgage rate from Freddie Mac remained unchanged at 6.35% this week from last week. www.nar.realtor – Research
Instant Reaction: Jobs, September 6, 2024
The softening job figures suggest that the Federal Reserve will cut interest rates in mid-September. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, August 29, 2024
The average 30-year fixed mortgage rate from Freddie Mac dropped to 6.35% this week from 6.46% last week. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, July 25, 2024
The 30-year fixed mortgage rate from Freddie Mac was nearly unchanged at 6.78% this week vs 6.77% last week. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, July 03, 2024
The 30-year fixed mortgage rate from Freddie Mac increased to 6.95% over the last week from 6.86%. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, April 25, 2024
Mortgage interest rates for the week sit at an average of 7.17%, and may show little dramatic downward movement any time soon. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, February 1, 2024
Mortgage interest rates ticked down slightly this week to 6.63% from 6.69% the previous week, down considerably from October 2023. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, December 14, 2023
The Fed indicated yesterday that they will hold the Fed Funds Rate steady for now and cut rates three times in 2024; NAR forecasts that mortgage interest rates will average 6.3% in 2024. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, November 30, 2023
Mortgage interest rates dropped again to 7.22% from 7.29% last week; the drop from the October peak of 7.79% translates into a $ 125-a-month savings on a $ 400,000 mortgage. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, November 16, 2023
The three-week drop in mortgage rates is a steady sign that they have likely hit a peak and are headed down. www.nar.realtor – Research