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Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's ...
Long-term mortgage rates rose this week, but remained below the 7% level for the 18th consecutive week, said the latest ...
Rates on 30-year refi mortgages jumped several points—triggered by bond prices that soared Wednesday in response to President ...
Mortgage rates surged after the credit-rating agency Moody’s downgraded U.S. debt. Moody’s cut the U.S.’s sovereign credit rating from AAA to Aa1. It was the last of the major credit-rating ...
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 ...
Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the highest ...
But back in October 2023, Freddie Mac's average saw a historic rise, surging to a 23-year peak of 7.79% ... How We Track Mortgage Rates The national and state averages cited above are provided ...
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...