Leave a Message

By providing Jackie Schoelerman your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thank you for your message. We will be in touch with you shortly.

Mortgage Rates Hold Steady After Climbing for 6 Weeks

WRE NEWS November 16, 2024

Buyer

Mortgage Rates Hold Steady After Climbing for 6 Weeks

Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC).

The 30-year fixed-rate mortgage averaged 6.78% as of Nov. 14, down from last week when it averaged 6.79%. A year ago at this time, it averaged 7.44%.

The 15-year fixed-rate mortgage averaged 5.99%, down from last week when it averaged 6.0%. A year ago at this time, it averaged 6.76%.

“After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,” said Sam Khater, Freddie Mac’s chief economist. “Our latest research shows that mortgage payments compared to rents on the same homes are elevated relative to most of the last three decades.”

Recent Blog Posts

Stay up to date on the latest real estate trends.

Your Equity Could Change Everything About Your Next Move

December 12, 2025

A lot of people are asking the same thing right now: “Is it even a good time to sell?” And the truth may come as a bit of a surprise...

Why Selling Your House This Winter Gives You an Edge

December 11, 2025

Spring gets all the attention, but it’s not always the best time to sell a house.

Why More Homeowners Are Giving Up Their Low Mortgage Rate

December 9, 2025

If you’re like a lot of homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s fair.

Living With Horses: A Woodside Equestrian Home Guide

December 4, 2025

How To Find the Best Deal Possible on a Home Right Now

December 2, 2025

Focus on homes that have been sitting on the market for a while.

4 Reasons Your House Is High on Every Buyer’s Wish List This Season

November 28, 2025

When the holidays roll around, travel plans, family gatherings, and all the chaos of the season may make you think it’s better to pull your listing off the market or t… Read more

View All

We are Your GPS to Success Let’s Get Started

We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today

Schedule Appointment