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Freddie Mac says the average rate on a 30-year mortgage slipped to 6.78% this week, ending a six-week climb
Freddie Mac says the average rate on a 30-year mortgage slipped to 6.78% this week, ending a six-week climb
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie Mac said Thursday.
Current Mortgage Rates: November 14, 2024
Mortgage rates saw very little movement over the past week, breaking a six-streak of steady increases. Freddie Mac’s average rate for a 30-year fixed-rate mortgage ticked down to 6.78% for the week ending November 14.
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