Mortgage, rate

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
Average mortgage rate reaches 7% for first time since May
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The average has now climbed for five straight weeks, and this week marks the first time since May the it has climbed above 7%.
30-Year Mortgage Rates Shoot Up, Hitting Highest Level Since May
Mortgage rates continue to climb, jumping Friday to end the week at a new 7-month high. Rates rose for almost every other new purchase loan type as well.
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The interest rate on 30-year mortgages rose last week to an eight-month high, extending an upward trend that’s squeezing would-be homebuyers already facing rising house prices and limited supply. The average rate on the most popular home loan reached 7.
Average rate on 30-year mortgage hits 7% after 5th straight increase, now 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 ...
WLRN2h
Mortgage rates have climbed above 7%. Here's how we got here and what it means
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
What To Expect For Mortgage Rates In 2025
For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage ...
This is Money6d
The best buy-to-let mortgages for landlords: Should they fix or risk a tracker?
The case in favour of a tracker mortgage Those that are confident of rates falling faster and further than expected may even be trying their luck with a tracker mortgage. Trackers follow ...
The New York Times7d
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Mortgage rates tend to track the yield on 10-year Treasury bonds, which has jumped in response to a string of strong economic data, persistent inflation and a potential rise in debt and deficits ...