Mortgage and refinance rates for Oct. 25, 2024: Average rates spike to three-month highs
Average mortgage rates march higher as of Friday, October 25, 2024, ending a week of consistent increases across the board despite a better-than-expected jobs report and positive consumer price reading earlier this month that showed inflation cooling to its lowest levels since February 2021. New weekly data from Freddie Mac credits a "tension between downbeat economic narrative and incoming economic data stronger than that narrative" for pushing rates back up to a three-month high. Traders expect... Читать дальше...