Category: MortgagePage 1 of 8

Mortgage Rates Surpass 7%—Why Temporary Buydowns Are More Important Than Ever

Mortgage Rates Surpass 7%—Why Temporary Buydowns Are More Important Than Ever With mortgage rates climbing above 7% for the first time since May 2024, affordability is becoming a…

Freddie Mac Weekly Mortgage Rate Survey for January 9th, 2025

Mortgage Rates Continue to Trend Up January 9, 2024  In the first full week of the new year, the 30-year fixed-rate mortgage remained elevated at just under 7…

Freddie Mac Weekly Mortgage Rate Survey for December 26th, 2024

Freddie Mac Weekly Mortgage Rate Survey for December 26th, 2024 Rates increased for the second straight week. Mortgage rates increased for the second straight week, rebounding after a…

2025 Loan Limits Are Here: What Buyers Need to Know

2025 Loan Limits Are Here: What Buyers Need to Know New year, new opportunities! The 2025 FHA and Conventional Loan Limits have been released, and they’re higher than…

Mortgage Rate Predictions for 2025: A Data Analyst’s Perspective

📊 Mortgage Rate Predictions for 2025: A Data Analyst’s Perspective The wide range of mortgage rate predictions for 2025 highlights the uncertainty in the housing market. Here’s a…

Freddie Mac Weekly Mortgage Rate Survey for December 12th, 2024

Mortgage Rates Continue to Drop December 12, 2024 The 30-year fixed-rate mortgage decreased for the third consecutive week. The combination of mortgage rate declines, firm consumer income growth…

Freddie Mac Weekly Mortgage Rate Survey for December 5th, 2024

Mortgage Rates Continue to Decrease December 5, 2024 This week, mortgage rates decreased to their lowest level in over a month. Despite just a modest drop in rates,…

Freddie Mac Weekly Mortgage Rate Survey for November 27th, 2024

The 30-Year Fixed-Rate Mortgage Inches Down November 27, 2024 The 30-year fixed-rate mortgage moved down this week, but not by much. Rates have been relatively flat over the…

Freddie Mac Weekly Mortgage Rate Survey for November 21st, 2024

Mortgage Rates Tick Up November 21, 2024 Mortgage rates ticked back up this week, continuing to approach 7 percent. Heading into the holidays, purchase demand remains in the…

Freddie Mac Weekly Mortgage Rate Survey for November 14th, 2024

Mortgage Rates Level Off November 14, 2024 “After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers. Freddie Mac’s latest…

Freddie Mac Weekly Mortgage Rate Survey for October 31st, 2024

Mortgage Rates Increase for the Fifth Consecutive Week October 31, 2024 (Source: Freddie Mac) “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the…

Freddie Mac Weekly Mortgage Rate Survey for October 10th, 2024

Mortgage Rates Surge October 10, 2024 Following the release of a stronger-than-expected September jobs report, the 30-year fixed rate mortgage saw the largest one-week increase since April. However,…

Freddie Mac Weekly Mortgage Rate Survey for October 3rd, 2024

Mortgage Rates Tick Up October 3, 2024 Freddie Mac: “The decline in mortgage rates has stalled due to a mix of escalating geopolitical tensions and a rebound in…

Freddie Mac Weekly Mortgage Rate Survey for August 22, 2024

The 30-Year Fixed-Rate Mortgage Lingers Just Under 6.5 Percent August 22, 2024 Although mortgage rates have stayed relatively flat over the past couple of weeks, softer incoming economic…

Freddie Mac Weekly Mortgage Rate Survey for August 8, 2024

Mortgage Rates Decrease to Lowest Level in Over a Year (Freddie Mac, August 8, 2024) Mortgage rates plunged this week to their lowest level in over a year…

Freddie Mac Weekly Mortgage Rate Survey for August 1, 2024

Mortgage Rates Dip to Lowest Level Since February August 1, 2024 Mortgage rates declined to their lowest level since early February. Expectations of a Fed rate cut coupled…

Freddie Mac Weekly Mortgage Rate Survey for July 25, 2024

Mortgage Rates Show Little Movement July 25, 2024 (Source: Freddie Mac) Mortgage rates essentially remained flat from last week but have decreased nearly half a percent from their…

Freddie Mac Weekly Mortgage Rate Survey for July 18, 2024

Mortgage Rates Continue to Fall Freddie Mac – July 18, 2024 The 30-year fixed-rate mortgage fell to its lowest level since mid-March, dropping 12 basis points from last…

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