Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Mortgage Rates Hold at Highest Level Since May
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate ...
Average mortgage rate reaches 7% for first time since May
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...
The Real Deal10d
Mortgage rates hit six-month high
Freddie Mac chief economist Sam Khater in a statement ... Inflation remains stubbornly high and the Federal Reserve already looks poised to cut interest rates fewer times than initially ...
Rate on 30-year mortgage slips past 7%. Here’s what that does to your buying power.
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
Houston Public Media3d
Fed cuts were supposed to lower mortgage rates, but they're back above 7%. Here's why
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...