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.
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.
Mortgage rates continued to climb up, as strength of the economy put upward pressure, while lack of entry-level supply ...
Freddie Mac’s benchmark rate for a 30-year mortgage increased for the second week in a row and is now averaging 6.85% for the ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...