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US Economy · United StatesThe average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring home-buying season nears.The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.89%.This is the latest increase since the average rate eased three weeks ago to 6.06%, its lowest level in more than three ye…See the Story
Average US long-term mortgage rate barely budges, holding near 6%
76% Center coverage: 26 sources
Donald Trump · HelenaPresident Donald Trump's $200 billion mortgage bond purchase represents a new approach to making homeownership more affordable.The president has announced several proposals to lower mortgage rates without waiting for interest rate cuts from the Federal Reserve.Among them -- directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds. Since his Jan. 8 announcement on Truth Social, mortgage rates have seen a small dip, but econ…See the Story
Economists warn Trump's $200B mortgage move could backfire, lifting home prices
100% Center coverage: 7 sources
