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 ...

MBA’s latest Weekly Mortgage Applications Survey showed overall application volume falling 1.2% on a seasonally adjusted basis compared to the previous week. Refinance activity took the brunt of the ...

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 ...

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 ...

The average rate on a 30-year, fixed-rate mortgage climbed to 7.04%, according to mortgage purchaser Freddie Mac. It is the first time rates had climbed above 7% since May and hit a figure that ...

April, 30-year mortgage rates have now ticked higher for four consecutive weeks. That brings them to about their highest ...

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 ...