Dossier
30-year mortgage
Coverage of 30-year mortgage in the Nexus archive.
- Freddie Mac says the average rate on a 30-year mortgage rose to 6.49% this week, returning to where it was two weeks ago
Freddie Mac reported that the average rate on a 30-year mortgage increased to 6.49% this week, matching the rate from two weeks prior.
- US home sales surge to the fastest pace this year despite rising mortgage rates and prices
Existing U.S. home sales rose 3.2% in May to a 4.17 million annual rate, exceeding expectations despite higher mortgage rates. The median home price hit a record $429,300, while affordability improved due to slower price growth relative to incomes. Sales increased in the Midwest, South, and West but declined in the Northeast.
- Freddie Mac says average rate on a 30-year mortgage fell to 6.48% this week, easing from its highest level in 9 months
Freddie Mac reported the average 30-year mortgage rate fell to 6.48% this week, marking a decline from its highest level in nine months.