Mortgage rates rise to 6 . 85 % - highest level since July

We take a closer look at Mortgage rates rise to 6 . 85 % - highest level since July and its implications for both beginners and experts in facebook video.

Mortgage rates rose again from 6.72% last week to 6.85% for the average 30-year fixed home loan for the week ending Dec. 26, according to Freddie Mac.
What it means for the housing market
With the last full week of the year upon us, many households are gearing up for 2025 and hoping for a more favorable housing market. Two things to note:
1 We expect mortgage rates to ease and housing inventory to grow next year as builder activity and the weakening lock-in effect bring more homes to the market.
2 Still-limited home supply is expected to boost price growth, which means housing costs are likely to remain high. Some local markets are poised to see more significant price and sales growth in 2025, led by sunbelt metros with ample inventory, including new homes.
REPORT:

Remember, your journey starts with a single step. Be inspired by Mortgage rates rise to 6 . 85 % - highest level since July and start engaging with facebook video today!

We've fetched this topic's video from Facebook for your viewing. If you need to download facebook video Mortgage rates rise to 6 . 85 % - highest level since July in mp4 video, simply ask us in the comments section and we’ll make it available.