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The 30-year fixed-rate mortgage (FRM) averaged 6.89% as of May 29, 2025, up from last week when it averaged 6.86%. According ...
Home prices and mortgage rates remain high. In the second quarter of this year, the median U.S. home price for houses sold was $412,300, according to the Federal Reserve Bank of St. Louis.
The Federal Reserve took extraordinary measures — including cutting the federal funds rate to near zero and buying billions of dollars in mortgage-backed securities — to try to avert an ...
Mortgage rates remain stable but elevated, with the 30-year fixed-rate mortgage rising slightly to 6.89% as of May 29, 2025 — ...
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