Calhoun Commercial Club Building

711 West Lake Street, Minneapolis, MN

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Heading into the Holidays, Mortgage Rates Increase

December 19, 2024 by Julie Green

December 19, 2024
This week, mortgage rates crept up to a similar average as this time in 2023. For the most part, mortgage rates have moved between 6 and 7 percent over the last 12 months. Homebuyers are slowly digesting these higher rates and are gradually willing to move forward with buying a home, resulting in additional purchase activity.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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