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The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
With an adjustable-rate mortgage, the interest rate is only fixed for a certain amount of time (commonly five, seven or 10 years), after which the rate adjusts annually based on the market.
Average mortgage rates are trending higher as of Thursday, May 8, 2025, a day after the Federal Reserve announced it was keeping benchmark interest rates unchanged at a range of 4.25% to 4.50% ...
Mortgage rate trends Mortgage rates have been trending lower for the past five weeks and are currently at their lowest level since early April, when the 30-year rate average 6.62%.That ...
Mortgage Interest Rates April 17, 2025: Mortgage Rates Swing Up After Bond Sell-Off. ... They are most closely linked to the 10-year Treasury bond yield, which reflects broader market ...
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