Mortgage rates fall for sixth week in a row, providing some relief for buyers

The numbers: Mortgage rates continued to inch downwards, providing some relief to prospective homeowners. The 30-year fixed-rate mortgage averaged 6.27% as of December 22, according to data released b...

Mortgage rates surge to a 20-year high, leading to steep decline in home sales

The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie Mac on Thursday.  That’s...

‘Vulnerable time for the housing market’: Mortgage rates are now double what they were a year ago, and will weigh on house prices

The 30-year fixed-rate mortgage averaged 5.66% as of Sept. 1, according to data released Thursday by Freddie Mac. That’s up 11 basis points from the previous week — one basis point is equal to one hun...