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The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's ...
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Long-term mortgage rates rose this week, but remained below the 7% level for the 18th consecutive week, said the latest ...
Mortgage rates surged after the credit-rating agency Moody’s downgraded U.S. debt. Moody’s cut the U.S.’s sovereign credit rating from AAA to Aa1. It was the last of the major credit-rating ...
After rising to a 2025 high in early April, 30-year mortgage rates have been yo-yoing in lower territory. Rates climbed ...
After hitting a peak of ... rate mortgage sits at 6.62%. While it will not be smooth, NAHB anticipates the 30-year mortgage rate to average around this rate by the end of 2025, and just above ...
Year over year, the MBA refinance index was up 111% while the purchase index was only up 7% ... mortgage rates. In a competitive housing market with high demand, mortgage rates may rise, while ...
The average rate on a 30-year loan was 7.02% a year ago. "The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week," said Sam Khater, Freddie Mac’s chief ...
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 ...
That pushed the 30-year fixed-rate mortgage up 12 basis points to 7.04%, according to Mortgage News Daily. Moody's (MCO) cited an increase in government debt and interest-payment ratios that were ...