Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate ...
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 ...
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers ...