Calhoun Commercial Club Building

711 West Lake Street, Minneapolis, MN

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Mortgage Rates Reach Highest Point Since July

January 2, 2025 by Julie Green

January 2, 2024
Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months. Compared to this time last year, rates are elevated and the market’s affordability headwinds persist. However, buyers appear to be more inclined to get off the sidelines as pending home sales rise.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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