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Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

  • The average rate on a 30-year mortgage in the U.S. Has decreased to 6.87%, according to Freddie Mac.
  • Mortgage rates are influenced by various factors, including the bond market's response to the Federal Reserve's interest rate decisions.
  • The average rate on a 15-year fixed-rate mortgage rose to 6.09%, as reported by Freddie Mac.
  • Home sales fell to their lowest level in nearly 30 years due to rising home prices and elevated mortgage rates.
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Arkansas BusinessArkansas Business

Average US Rate On 30-year Mortgage Eases to 6.87%, Fourth Straight Weekly Decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway. The average rate fell to 6.87% from 6.89% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.77%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, rose this we…

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OC RegisterOC Register

30-year mortgage takes 4th weekly dip

The average rate fell to 6.87% from 6.89% last week, mortgage buyer Freddie Mac said Thursday.

·Orange County, United States
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Washington TimesWashington Times

Average U.S. rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway.

·United States
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Associated Press NewsAssociated Press News
+3 Reposted by 3 other sources

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season

·United States
Read Full Article
nerdwallet.comnerdwallet.com

Weekly Mortgage Rates Relatively Stable, Fed Pauses Rate Cuts

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market. A stock sell-off and a barrage of back-and-forth over executive orders likewise didn't impress rates much. The average rate on…

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Finance & CommerceFinance & Commerce

Average rate on 30-year mortgage eases to 6.87%

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway.

Read Full Article
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Bias Distribution

  • 43% of the sources are Center, 43% of the sources lean Right
43% Right
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Weekly Real Estate News broke the news in on Thursday, February 13, 2025.
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