Mortgage Rates Decreased In Last Week's Survey
Rates decreased for the first time in two months.
Rates decreased for the first time in two months.
The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.
The GSEs increased affordable housing outreach by $180 million last year.
Redfin says buyers’ costs will likely stay high due to inflation news.
The 30-year fixed-rate mortgage averaged 6.88% as of April 11.
Freddie Mac Primary Mortgage Market Survey shows little change in rates
It's averaging 6.79%, Freddie Mac says.
Freddie Mac reported that the average 30-year fixed-mortgage rate climbed 13 basis points from last week.
Effective March 16, Hutchins will also become a member of Freddie Mac’s Board of Directors.