Trump-Musk breakup this week could have implications for federal economic policies as well as the housing and mortgage markets
Tagged: Primary Mortgage Market Survey
Mapping what's happened with rates in 2025 as they've influenced mortgage activity — and what's influencing them
Mortgage lending giant’s leader forecasts lower rates, improved affordability, substantially more originations
GSEs: Home prices up 1.4% in first quarter, average 30-Year FRM ticks up 21 basis points this week
30-year FRM stays essentially flat following seven weeks of downward drift
Buyers remain engaged in spite of highest rates since July
The 30-year fixed-rate mortgage averaged 6.77% as of July 18, 2024.
Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.
Decline leads to optimism about a stable rate environment and a potential rise in home sales in the upcoming year.
Freddie Mac survey finds the average rate for a 30-year mortgage slipped to 6.78%.