Mortgage Rates Inch Up | Nasdaq | Global Market News
(RTTNews) – Mortgage charges, or rates of interest on home loans, inched up barely this week, in keeping with mortgage supplier Freddie Mac (FMCC.OB).
The 30-year FRM averaged 6.67% as of March 20, 2025, up barely from final week when it averaged 6.65%. A 12 months in the past at this time, the 30-year FRM averaged 6.87%.
The 15-year FRM averaged 5.83%, up barely from final week when it averaged 5.80%. A 12 months in the past at this time, the 15-year FRM averaged 6.21%.
“The 30-year fixed-rate mortgage has stayed under 7% for nine consecutive weeks, which is helpful for potential buyers and sellers alike,” stated Sam Khater, Freddie Mac’s Chief Economist.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
Stay up to date with the latest news within the international markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on worldwide trade. We present each day updates to make sure you have entry to the freshest info on stock market actions, commodity costs, currency fluctuations, and main financial bulletins.
Explore how these trends are shaping the longer term of the worldwide financial system! Visit us recurrently for probably the most partaking and informative market content material by clicking right here. Our rigorously curated articles will keep you knowledgeable on market shifts, investment methods, geopolitical impacts, and pivotal moments in international finance.
