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Mortgage rates tick higher but remain near 2025 lows

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3 days ago

Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.22% from last week's reading of 6.19%. The average rate on a 30-year loan was 6.6% a year ago.HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE"The average 30-year fixed-rate mortgage is well below the year-to-date average of 6.62%, providing some sense of balance to the housing market," said Sam Khater, Freddie Mac’s chief economist.THE MARKETS WHERE HOM...

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