Mortgage, interest rate
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The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that threatens to slow sales further this spring homebuying season.
Long-term mortgage rates rose this week, but remained below the 7% level for the 18th consecutive week, said the latest Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgage rates averaged 6.
Rates on 30-year refi mortgages jumped several points—triggered by bond prices that soared Wednesday in response to President Trump's tax bill. Rates rose for most loan types.
The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's mortgage and refinance rates. The U.S. credit rating was recently downgraded by Moody's, causing mortgage rates to tick up. Lock in your rate today.
The average rate on a 30-year loan was 7.02% a year ago. "The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week," said Sam Khater, Freddie Mac’s chief ...
Year over year, the MBA refinance index was up 111% while the purchase index was only up 7% ... mortgage rates. In a competitive housing market with high demand, mortgage rates may rise, while ...
After hitting a peak of ... rate mortgage sits at 6.62%. While it will not be smooth, NAHB anticipates the 30-year mortgage rate to average around this rate by the end of 2025, and just above ...
Rates in the high 6% range seem to be suppressing demand for homes. Applications for mortgages have slumped in each of the past two weeks, according to data from the Mortgage Bankers Association.