Mortgage Rates Rise
Digest more
For Gen Z, respondents indicated they’re only willing to go up to a 5.8% rate from their current average of 5.1%. Millennials (born between 1981 and 1996), who have an average rate of 4.9%, say they would extend to a max of 5.5%.
Rising property taxes and insurance costs are driving up mortgage escrow payments, destabilizing what was once a fixed monthly cost. Florida, S
It's a bit of a stretch to refer to the past week as a "losing streak" for mortgage rates. The worst part about it was the consistency of upward movement starting last Wednesday. In terms of the
Annual growth in active listings, while still positive, has settled in at close to 27% for each of the past three weeks.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.77% from 6.79%, with points holding steady at 0.62, including the origination fee, for loans with a 20% down payment. That was the lowest level in three months.
Bad news first: mortgage rates have been moving steadily higher in July with the average top tier 30yr fixed scenario rising from 6.67% to 6.81% in just 4 business days. This isn't an incredibly abrupt move,
Rates on personal loans declined last week, giving qualified borrowers a chance to secure a more affordable interest rate and finance a project, purchase or even unexpected bills. From July 7 to July 12,