Mortgage rates climb above 7% for 1st time in 8 months

30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
Mortgage rates top 7%, hitting seven-month high. But relief may be in sight
The average 30-year mortgage rate jumped to 7.04% through Wednesday, up from 6.93% a week earlier, after strong employment data pushed yields higher on the Treasury bonds that are most closely linked to mortgage rates. Average 15-year mortgage rates also rose to 6.27%, from 6.14%, according to Freddie Mac.
Mortgage Rates Hold at Highest Level Since May
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate movement was mixed for other loan types.
Average rate on 30-year mortgage hits 7%, its fifth straight increase
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months
Mortgage rates climb above 7% for the first time in 8 months
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.
Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...
Mortgage rates rise past a key mark, signaling bad news for the housing market
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a ...
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time ...
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Rates Hit Highest Level Since May
The average rate on 30-year mortgages rose to 7.04% from 6.93% last week. Borrowing costs on 15-year fixed-rate mortgages ...
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