Rate on 30-year mortgage slips past 7%. Here’s what that does to your buying power.
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
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 ...
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower ...
Reuters9d
US 30-year fixed-rate mortgage rate hovers just under 7%
WASHINGTON, Jan 9 (Reuters) - U.S. mortgage rates increased to a fresh six-month high this week, a trend that together ...
Business Insider12d
Understanding Current 30-Year Mortgage Rates: A Comprehensive Guide
What are 30-year mortgage rates? The 30-year fixed-rate mortgage is by far the most popular type of home loan. Because the terms on these mortgages are so long, borrowers who get a ...
Mortgages Rates See Large Two-Day Drop
After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.
The Income Needed in Each State To Afford a Starter Home at a 7% Mortgage Rate
Mortgage rates are quickly approaching 7% again, after rising each of the first two weeks in January. Nationally, it means ...
Business Insider11d
30-Year Mortgage Refinance Rates
The longer your term, the higher your mortgage refinance rate will be. In December, the average 30-year fixed refinance rate was 64 basis points higher than the average 15-year fixed ...