Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
The interest rate on 30-year mortgages rose last week to an eight-month high, extending an upward trend that’s squeezing would-be homebuyers already facing rising house prices and limited supply. The ...
Let’s divide 49 years of data into two, using the 30-year fixed mortgage rate tracked by Freddie Mac. The benchmark rate fell ... When rates were down, the Consumer Price Index was rising 3% a year.
The latest jump threatens to sideline more buyers and sellers. Source: Freddie Mac By The New York Times By Danielle Kaye The average rate on 30-year fixed-rate mortgages surpassed 7 percent for ...