
Mortgage Rates Aren’t Likely to Fall Any Time Soon — Here’s Why
CNBC, Jan. 21 2025-Greg Iacurci
Rates on a 30-year fixed mortgage rose above 7% in the week ended Jan. 16, according to Freddie Mac data.
Mortgage rates were below 3% as recently as late 2021. They are unlikely to fall below 6% until 2026, economists said. That’s partly due to investor worries tied to President Donald Trump’s policy agenda, they said.
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