Tag: Mortgages

Average 30-year mortgage rate hits 6.91%, Freddie Mac says, the highest since July

WASHINGTON -- U.S. mortgage rates rose this week to the highest level since July.The benchmark 30-year fixed rate loan rate rose to 6.91%...

Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025

A look at some of the key business events and economic indicators upcoming next week.LAYOFFS UPDATEThe Labor Department issues its weekly tally of...

Average rate on a 30-year mortgage climbs to 6.85%, highest since July

WASHINGTON -- The average rate on a 30-year mortgage in the U.S. rose for the second week in a row to its highest...

Average 30-year mortgage rate snaps 3-week slide

The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent...

The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you

NEW YORK -- The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages...

Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past...