Mortgage Rates December 2024. Just a few weeks later, for the week ending december 7, 2023, the average fell. Mortgage rates have been going down since the beginning of august, and they should continue decreasing throughout 2024 and 2025.
30 year mortgage rate is at 6.20%, compared to 6.35% last week and 7.12% last year. The federal reserve wednesday announced its fifth rate hold in a row, after hikes in 2022 and 2023 raised the.