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

Why Nintendo Stock Is One to Watch Ahead of the Holiday Season

A wallet address sold 1.44 million TRX via SunSwap in exchange for 460,000 USDT.

Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.