Mortgage rates nearly unchanged, still hovering just below 7%

Thu, Jan 30, 2025, 10:19 AM

Mortgage rates remain nearly unchanged this week, with the 30-year fixed rate mortgage ticking down 0.01% to 6.95% as reported by Freddie Mac. Yahoo Finance senior housing reporter Claire Boston sits down with Brad Smith to talk more about the outlook on the rate environment after the Federal Reserve opted to hold interest rates where they are in its January FOMC meeting.

Read up on Claire Boston's coverage of slowing housing contract activity in December.

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This post was written by Luke Carberry Mogan.