Rates on 30-year fixed rate loans rose to 6.93% from 6.91% last week. Rates on 15-year mortgages ticked up to 6.14%.
The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining strong, it could keep going up.
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.
Freddie Mac’s benchmark rate for a 30-year mortgage increased to 6.91% for the week ending January 2, 2025. With this week’s ...
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...