Mortgage rates rise to close out 2024. Freddie Mac cites an "overwhelming undersupply of homes" for the 6.85% interest rate.

Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says.

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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, ...

Freddie Mac’s benchmark rate for a 30-year mortgage increased for the second week in a row and is now averaging 6.85% for the ...

The country's central bank cited slowing inflation, down from 85% in late 2022 to 47% last month, in its decision.

The U.S. stock market seems determined to defy the Federal Reserve. While the Fed has cut interest rates by a total of 100 ...