US mortgage rate inches up to 6.93%, 4th straight increase

Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
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.
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 week ending Jan. 9, the average rate on the 30-year fixed-rate mortgage fell four basis points to 6.93%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point.
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
Mortgage rates climb for 4th straight week — to the highest level in 6 months
The average long-term US mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac.
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.
CNET on MSN1h
2025 Mortgage Rate Forecast: Here's Why You Shouldn't Bet on Lower Rates This Year
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
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 ...
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 ...
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 ...
Mortgage company Bayview settles for $20M with state financial regulators, including Ohio, over data breach
COLUMBUS, Ohio - Ohio and 52 other financial regulatory agencies across the country getting a piece of a $20 million ...
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 ...
4 reasons we're paying off our mortgage early, even though the interest rate is under 2%
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.