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.
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?
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 Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Average rate on 30-year mortgage hits 7%, its fifth straight increase and 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. The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday.
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.
Average mortgage rate reaches 7% for first time since May
The strength of the U.S. economy helped push mortgage rates above 7% this week, dimming hopes that Long Island homebuyers will see housing affordability improve this year. The ave
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 ...
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 ...
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 ...
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 ...
NBC Los Angeles20m
Newsom reaches deal with banks for wildfire-related mortgage relief
Gov. Gavin Newsom on Saturday announced that five major financial institutions will offer mortgage relief for property owners ...
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 ...
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 ...
WWNO3d
Affordability remains a chief concern in Louisiana’s housing market for 2025
Housing costs across the nation began to skyrocket in 2021 and 2022, driven largely by low inventory, low interest rates and ...
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 ...