After election, mortgage rates level off

U.S. Mortgage Rates Remain Stubbornly High Post Election, Rate Cuts
Based on  Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.78 percent as of November 14, 2024.
After the election, mortgage rates level off
After climbing for the last six weeks, mortgage rates have leveled off. They didn’t go down this week but they didn’t go up either, and economists say that
Following Elections Results and a Fed Rate Cut, Mortgage Rates Stall
“After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,” said Sam Khater, Freddie Mac’s Chief Economist. “Our latest research shows that mortgage payments compared to rents on the same homes are elevated relative to most of the last three decades."
Mortgage Rates Hold Near 7%
Mortgage rates held near 7%. The average rate on the standard 30-year fixed mortgage edged lower to 6.78%, according to a survey of lenders released Thursday by the mortgage-finance firm Freddie Mac.
Today's Mortgage Rates Aren't the Highest We've Seen
Mortgage rates feel unaffordable today, but they're not that that high in a historical sense. Here's a closer look.
Highest Mortgage Rates Since July Didn't Hold Back Home Buyers
Mortgage rates reached their highest level since July, but it didn’t deter homebuyers as purchase applications increased.
Current Mortgage Rates: November 14, 2024
Mortgage rates saw very little movement over the past week, breaking a six-streak of steady increases. Freddie Mac’s average rate for a 30-year fixed-rate mortgage ticked down to 6.78% for the week ending November 14.
Mortgage rates below 4% disappear: Why are they going up as interest rates fall?
So far this week, seven high street lenders have increased their mortgage rates - despite the Bank of England reducing the base rate to 4.75%.

Average Rate on 30-Year Mortgage Drops Slightly

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