News

Day: January 2, 2025

Blog
US mortgage rates hit highest levels since July, Freddie Mac reports

The benchmark 30-year fixed-rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.62% a year ago. The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% and also the highest since July. It was at 5.89% a year ago.