Freddie Mac Mortgage Rates—Dec. 19, 2024 What happened to mortgage rates this week The Freddie Mac rate for a 30-year mortgage moved 12 basis points higher this week, to 6.72%, as markets prepared for [Wednesday’s Fed meeting](https://www.realtor.com/research/federal-reserve-december-2024-meeting/). The Federal Reserve’s Open Market Committee cut the Federal Funds rate 25 basis points, falling in line with
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