Mortgage rates rise to close out 2024. Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate.
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The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, ...
The country's central bank cited slowing inflation, down from 85% in late 2022 to 47% last month, in its decision.
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...