Home > Quick > Body

The U.S. 30-year mortgage rate hit 6.69 percent, falling to its lowest level since October

clock
2024-12-05 17:42:09
U.S. mortgage rates fell for the second straight week. Freddie Mac said in a statement Thursday that the average level for 30-year fixed-rate mortgages was 6.69 percent, the lowest since Oct. 24 and down from last week's 6.81 percent. Borrowing costs remain well above September levels and real relief from stress may be a long way off. Redfin Corp. expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.