Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. While average 30-year fixed mortgage rates have remained close ...

1970s. Freddie Mac started tracking 30-year mortgage rates in the spring of 1971. At the beginning of the decade, mortgage rates averaged in the high single digits but passed 10% in 1978.

Last year, mortgage rates were supposed to go down a lot. But in spite of some big drops in the fall of 2024, rates ended the year close to where they started. What will happen in 2025? Most ...

After a historical rate plunge in August 2021, mortgage rates skyrocketed in the first half of 2022. The 30-year average shot to 6.38% by June 2022, which was more than double the rate of 2.89% ...

Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on ...

Mortgage rate trends in 2024. The average 30-year fixed mortgage rate fluctuated between 6.5% and 7.5% during the first half of 2024. July then marked the start of a downward trend which reached ...

After a major rate dip last summer, mortgage rates skyrocketed in the first half of 2022, with the 30-year average peaking in mid-June almost 3.5 percentage points above its August 2021 low of 2.89%.

Throughout 2020, the average mortgage rate fell drastically due to the economic impact of the COVID-19 pandemic. Thirty-year fixed mortgage rates hit a historic low of 2.65% in January 2021 ...

Vault’s Viewpoint: Mortgage Rate Trends for 2024. After an aggressive cycle of interest rate hikes by the Federal Reserve from March 2022 through July 2023, mortgage rates have cooled a bit.

Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. While average 30-year fixed mortgage rates have remained ...