The average new 30-year fixed-rate mortgage cost 6.93% this week, Freddie Mac said Thursday. That is the most expensive since July. Mortgage rates have been stuck firmly above 6% since late 2022, ...
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, ...
Rates on 30-year fixed rate loans rose to 6.93% from 6.91% last week. Rates on 15-year mortgages ticked up to 6.14%.
The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining strong, it could keep going up.
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
Mortgage rates rose for a fourth straight week. The average interest rate for 30-year loans was 6.93%, up from 6.91% last week, Freddie Mac said in a statement Thursday. The 15-year rate, popular with ...
With home prices high after post-pandemic appreciation and mortgage rates hovering close to 7%, affordability is – and is ...