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Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
April, 30-year mortgage rates have now ticked higher for four consecutive weeks. That brings them to about their highest ...
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 ...
Since the 30-year mortgage rate closely tracks the 10-year Treasury yield, we generally see higher rates for h ...
Mortgage demand dropped as 30-year loan costs shot up to 6.92%, the highest level since Feb. Rising inflation, deficits, and debt concerns are responsible.
In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late 2023 at ... mortgage rates, average 30-year rates peaked above ...
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