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Mortgage rates fall up to 6.63%: Freddie Mac

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Mortgage rates decreased by the seventh consecutive week to the lowest level since December, Buyer Freddie Mortgie said on Thursday.

The last poll of Freddie Mac’s main mortgage market, published on Thursday, showed that the average rate on a 30-year fixed mortgage mortgage has decreased to 6.63% of the last week’s reading by 6.76%. The average rate on a 30-year loan was 6.88% a year ago.

In a 30-year loan since mid-September, Sam Hater said, Freddie Mc, said Sam Hater, Freddie Mac Chief Economist.

House with sign

The sign “for sale” at the House in Philadelphia on August 16, 2024. (Joe Lamberti / Bloomberg via Getty Images / Getty Images)

Mortgage rates fall to the lowest level for 2 months

“Reduced rates increases the purchasing power of large buyers and should ensure a strong incentive to take a step,” Hater said. “In addition, this decrease in rates already provides some existing housing owners.

US before waiting for sales at home in January is reduced to a record record

for sale sign in front of the house

The 30-year loan has been the biggest weekly decline since mid-September, said Sam Hater, chief economist Freddie Mac. (Steve Pfost / Newsday RM via Getty Images / Getty Images)

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The average rate on a 15-year fixed mortgage dropped to 5.79% from 5.94% last week. A year ago a bet on 15-year-old fixed note On average 6.22%.

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2025-03-07 19:23:00

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