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3 months ago

Mortgage rates tick higher but remain near 2025 lows

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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3 months ago
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