Which way will mortgage rates go in 2025?
Thus, I’m forecasting that, based on the 6.85% rate at year-end 2024, mortgages will run between 7.55% and 6.15% in 2025. Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at [email protected]
Mortgage Refinance Rates Trend Down but Remain Elevated
The 30-year mortgage refi rate average ticked down for a third day but remained higher than recent averages. Other refi loan types saw mixed movement.
Refinance activity is up 27%, but higher mortgage rates have pumped the brakes
CoreLogic data illustrates the limited potential for refinances as about 80% of current U.S. mortgage holders have rates below 5%.
Today's Mortgage Rates | Rates Are Ending the Year Higher Than They Started
Average 30-year mortgage rates are in the high 6% range, according to Zillow data. This rate averaged around 6.56% in November. The 30-year fixed-rate mortgage is the most popular home loan. With this type of mortgage, you'll pay back what you borrowed ...
Mortgage Refinance Rates Continue Retreat From Recent High
The 30-year mortgage refinance rate average ticked down for a second day but remained elevated. Rate movement for other refi loan types was down or flat.
Mortgage rates likely to stay high in the New Year
Mortgage rates are likely to stay high around the seven percent mark. The Wisconsin Realtors Association’s stats on Marathon County show 1,314 homes have been sold so far this year. It’s right around last year’s sales numbers,
30-Year Mortgage Rates March Downward for a Second Day
After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types ...
Today's Mortgage Rates | Why Rates Didn't Drop as Much as Expected This Year
These are today's mortgage and refinance rates. Mortgage rates were supposed to dip below 6% this year. Instead, they're up ...
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
HELOC rates retreat again, home equity loans unchanged
HELOC rates again came in lower this week, with the the $30,000 home equity line of credit dropping to an average of 8.36 ...
Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025
The post Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025 appeared first on Real Estate News & Insights | ...
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Today’s ARM Loan Rates
ARMs are home loans whose rates can vary over the life of the loan. Unlike a fixed-rate mortgage, which carries the same interest rate over the entirety of the loan term, ARMs start with a ...
4 types of borrowers that should refinance their mortgage loans now, experts say
"A borrower who originated a 5/1 adjustable-rate mortgage (ARM) coming up for adjustment is a good candidate to consider a ...
30-Year Mortgage Rates Tick Down From Nearly 6-Month High
After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most ...