Articles filed under Mortgages
-
For the first time since 2022, average US long-term mortgage rate dips below 6%Feb 26, 2026 3:57 pm - The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling. The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%.
-
Mortgage rates are coming down — and homebuyers are ready to pounceSep 20, 2024 1:41 pm - For Americans mulling a home purchase, this week’s interest rate cut meant just one thing: It’s time to get back in the game. The Federal Reserve lowered interest rates b...
-
Mortgage rates just fell again. Here’s what you need to know.Sep 15, 2024 5:22 am - Mortgage rates fell on Thursday to their lowest level since April 2023 — 6.2% for a 30-year fixed-rate mortgage, down from 6.35% a week before, according to Freddie Mac.That’s a sharp drop from the high of 7.8% recorded last October and welcome news for would-be home buyers who have been priced out of the property market, as well as homeowners who bought at high rates and are eager to refinance.
-
Average long-term US mortgage rate climbs to 6.96%, matching highest level this yearAug 10, 2023 1:00 am - LOS ANGELES (AP) - The average long-term U.S. mortgage rate rose this week to just under 7%, the latest setback for would-be homebuyers already facing affordability chal...
-
Mortgage rates tick higher: 30-year, fixed home loan is at 6.90%; 15-year at 6.25%Aug 03, 2023 1:00 am - WASHINGTON (AP) - The average long-term U.S. mortgage rate rose again this week, bad news for Americans seeking to upgrade or buy their first home. The average rate on t...
-
Average long-term US mortgage rate surged to nearly 7% this week to highest level since NovemberJul 13, 2023 1:00 am - LOS ANGELES (AP) - The average long-term U.S. mortgage rate climbed this week to just under 7%, the highest level since November and the latest setback for homebuyers al...
-
Mount Prospect hopes shuttered hotel reopens, but could seek its demolitionJul 10, 2023 1:00 am - Mount Prospect has fined the owners of the vacant former Holiday Inn at 200 E. Rand Road over numerous code violations that, if not addressed, could lead village officia...
-
Average long-term mortgage rate falls a fourth straight weekFeb 02, 2023 12:00 am - The average long-term U.S. mortgage rate declined for the fourth week in a row, a sign of relative stability that could potentially open the door for some prospective ho...
-
Average long-term US mortgage rates inch up to 6.48%Jan 05, 2023 12:00 am - WASHINGTON (AP) - The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that had given prospective homebuyers a glim...
-
US average long-term mortgage rates back under 7%, for nowNov 03, 2022 7:00 am - WASHINGTON (AP) - The average long-term U.S. mortgage rate dipped back under 7% this week, one day after the Federal Reserve raised its benchmark borrowing rate to its h...
Showing 1-10 of 193
next