“Breaking News: Mortgage Rates Hit Record Low – Below 7%!”
The Impact of Rising Mortgage Rates on Homebuyers Understanding the Freddie Mac Report and Its Implications On January 23, 2025, Freddie Mac released the results of its Primary Mortgage Market Survey, revealing that the 30-year fixed-rate mortgage averaged 6.96 percent. This significant increase in mortgage rates has left many potential homebuyers wondering about the impact…