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.
Today's Mortgage Rates | Rates Are Down For Now
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear if they'll drop further.
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?
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
U.S. Mortgage Rates Climb Above 7%, Highest Since May
The dream of homeownership is slipping further away for many Americans as mortgage rates continue to climb, with the 30-year fixed mortgage rate now exceeding 7%, as reported by Freddie Mac. This marks the highest point since last May and the fifth consecutive increase,
Here’s how the Secured Overnight Financing Rate works and why it might matter for your mortgage
The Secured Overnight Financing Rate is used as a benchmark for certain financial products, such as some ARMs.
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
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Mortgage Predictions: What the Jan. 20 Presidential Inauguration Could Mean for Rates
On a normal day, it's nearly impossible to predict which way mortgage rates will go. Now, with so much uncertainty in ...
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 ...
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 ...
Will mortgage rates fall below 6% in 2025? What experts say
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says ...
Mortgage Rates Top 7% for First Time Since Mid-2024
Higher rates are dimming hopes for a recovery in the sluggish housing market.
Inflation Rises for the Third Straight Month in Troubling Sign for Mortgage Rates
Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already ...