In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...
While the mortgage rates have risen despite the Fed cutting rates, potential homebuyers are left with the choice to either ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, ...
then mortgage rates will probably continue to hover around 7%, where they’ve been all month. Taylor Getler is a home and mortgages writer for NerdWallet. Her work has been featured in outlets ...
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed ...
The rate on the 30-year mortgage, the most popular home loan in the United States, jumped to 7.04 percent this week, up from 6.93 percent the previous week. Mortgage rates tend to track the yield ...
The average contract rate on a 30-year fixed-rate mortgage rose 10 basis points in the week ended Jan. 10, the Mortgage Bankers Association said on Wednesday. It was the fifth straight weekly rise ...
Mortgage rates officially hit the highest levels since May 2024 yesterday, even though the average was almost imperceptibly higher than last Friday's. We saw a similarly small move today, but in ...
The Kentucky outlet opened in 2019 ... But later, Wayfair and other furniture retailers had sales declines as high mortgage interest rates dampened homes sales and reduced demand for new ...