30-Year Mortgage Rate Little Changed After 6-Week Surge

Housing market activity picked up following the 2024 election and Federal Reserve interest rate cut.
30-Year Mortgage Rate Little Changed After 6-Week Surge
A home available 'For Sale' in Austin, Texas, on Oct. 16, 2023. Brandon Bell/Getty Images
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New Freddie Mac data showed that America’s mortgage market was little changed following a six-week surge but housing affordability remains a challenge for prospective homebuyers.

For the week ending Nov. 13, the fixed 30-year mortgage rate dipped to 6.78 percent from 6.79 percent in the previous week, according to the Federal Housing Agency’s Primary Mortgage Market Survey.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."