U.S. Mortgage Rates Climb to Highest Since July
U.S. mortgage rates are back at their highest level since last summer, frustrating homebuyers waiting for a break from some of the steepest borrowing costs in more than a decade.
Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
Here’s where mortgage rates could be headed in 2025
The National Association of Realtors preditcs mortgage rates will be around 6% in 2025. Meanwhile, Redfin predicts mortgage rates will remain in the high-6% range throughout 2025, with the weekly average rate fluctuating throughout the year but averaging around 6.8%.
Mortgage Rates Continue to Trend Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.93 percent. "In the first full week of the new year,
Mortgage Rates Today: January 8, 2025—Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 7.34%, compared to 7.29% a week earlier, according to Curinos. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 6.
US 30-year fixed-rate mortgage rate hovers just under 7%
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.
The ‘Hidden Force’ That Can Bring Mortgage Rates Down
How home buyers could get a little break even if yields stay high.
Today's Mortgage Rates | Rates Up, but There's Still Hope for Borrowers
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
30-Year Mortgage Rates March in Place for Third Day
For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was ...
NerdWallet on MSN6h
Weekly Mortgage Rates Ebb, but Rates Unlikely to Plunge in 2025
Mortgage interest rates pulled back a little this week, but it was hardly enough to erase the past three weeks' gains. The ...
Mortgage rates hit six-month high
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
Mortgage rates jump again, approaching 7% barrier
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
Mortgage rates hit 6-month high, loan applications dwindle
Economists predict interest rates will come down in 2025 but not enough to provide meaningful relief to prospective ...
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's ...
HousingWire1d
How 7% mortgage rates will change housing for a decade
In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an ...
Mortgage rates rise for fourth straight week, inching closer to 7%
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains ...
5 ways to save on your mortgage payments this January, according to experts
If you're among the millions of Americans who locked in a mortgage interest rate above 7%, you may have a chance to reduce ...