Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
US 30-Year Mortgage Rate Falls to 6.69%, Lowest Since October

US 30-Year Mortgage Rate Falls to 6.69%, Lowest Since October

Bitget2024/12/05 18:04

Mortgage rates in the United States have declined for the second consecutive week. Freddie Mac reported on Thursday that the average rate for a 30-year fixed-rate mortgage has dropped to 6.69%, the lowest since October 24, down from 6.81% last week.

Despite this decrease, borrowing costs remain significantly higher than September levels, suggesting that meaningful relief may still be a long way off. Redfin Corp. forecasts that the 30-year mortgage rate will remain near 7% throughout 2025.

2
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers

In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

华尔街见闻•2026/11/08 12:41
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers