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Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Mortgage rates topped 7% this week, a key psychological threshold ... improve much this year as mortgage rates will likely remain above 6% through 2026. That dashes any hopes of homeownership ...
Rates on 30-year new purchase mortgages have climbed notably higher, rising for two consecutive days to touch the 7% mark with a new 7.00% Monday average. Rates increased for many other mortgage types ...
April, 30-year mortgage rates have now ticked higher for four consecutive weeks. That brings them to about their highest ...
On Thursday, mortgage rates climbed above 7 percent for the first time since May and they're expected to stay above 6 percent throughout 2025. With rates higher than they were in the pandemic ...
Refinance activity drops 20%, while purchase applications fall 7% amid economic uncertainty, MBA survey shows Mortgage activity continued to retreat last week as rising interest rates cooled both ...
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...