Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Will Mortgage Rates and Home Prices Finally Fall This Year? Some People Think Yes
Some U.S. consumers are optimistic about the housing market in 2025, believing there's a chance mortgage rates and home prices drop. But how likely is that to really happen?
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Today's Mortgage Rates | Rates Down as Markets Gear Up for Trump's Second Term
These are today's mortgage and refinance rates. Cooler inflation helped mortgage rates tick down this week, but it's unclear if they'll drop further.
Average rate on 30-year mortgage hits 7% after 5th straight increase, now highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months.
Mortgage rates have hit 7%. What should people searching for a home do?
Mortgage rates have hit 7%. Mark Hamrick, Washington bureau chief for Bankrate, talks about what this means for borrowers and how this will affect the housing market.
‘Bad news’ for homebuyers: Mortgage rates hit 8-month high
The interest rate on average fixed-rate 30-year home loan is more than 7%, the first time mortgage rates have been that high since May
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
4 reasons to get preapproved for a mortgage loan this January
With only two additional Fed rate cuts predicted for 2025, mortgage rates aren't likely to fall much more this year. And, if ...
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time ...
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...
Alberta experiences huge spike in housing starts in 2024
The CMHC says Alberta was one of the leading provinces in Canada for the number of new housing starts in 2024, compared to ...
Dave Ramsey warns Americans to avoid this huge mortgage mistake
Monitoring mortgage rates is one of the first steps people take when deciding to buy a home, along with determining the ...
Happy Valley mall owner defaults on $191M debt as anchor-tenant leases loom
The owner of Clackamas Town Center has defaulted on a $191 million loan. Here's what it means for the future of the mall.