Weekly mortgage rates went up this week, with the average 30-year mortgage rate hitting its highest point since May 2024. In ...

The Federal Reserve's monetary policy doesn't directly impact mortgage rates; rather, the 30-year mortgage rate typically rises and falls in tandem with the yield on the 10-year Treasury note.

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 ...