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The average rate for a 30-year mortgage more than doubled between August 2021, when it was just 3 percent, and October 2023, when it reached 8 percent. ... Forecast for mortgage rates and types.
Average mortgage rates for 30-year and 15-year terms tick down week over week as of Thursday, August 1, 2024, a day after the Federal Reserve concluded its fifth rate-setting policy meeting of the ...
Average mortgage rates remain stable as of Thursday, July 25, 2024, a welcome calming after spikes and volatility earlier in the month that pushed 30-year fixed rates above 7.00%.
30-year fixed-rate mortgage: 5.75%. Change: -1.15 percentage point. Highest since 2009. Mortgage rates ended 2023 with a cooldown almost as fast as the surge.
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...
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