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Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time since May as the housing market continues to struggle.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
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 affordability challenges.
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.
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Mortgage rates climb above 7% for the first time in 8 months
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.
Mortgage rates top 7%, hitting seven-month high. But relief may be in sight
Mortgage rates rose this week to the highest level since May 2024 during a volatile period for the bonds that closely track them. The average 30-year mortgage rate jumped to 7.04% through Wednesday, up from 6.
CNET
1h
Mortgage Predictions: What the Jan. 20 Presidential Inauguration Could Mean for Rates
On a normal day, it's nearly impossible to predict which way mortgage rates will go. Now, with so much uncertainty in ...
2h
UK Market Turbulence Pushes Mortgage Costs to Five-Month High
The cost of the UK’s most popular mortgages have risen to their highest level since August as the turbulence that’s gripped ...
1d
Will Mortgage Rates and Home Prices Finally Fall This Year? Some People Think Yes
Some U.S. consumers are optimistic about the housing market in 2025, believing there's a chance mortgage rates and home ...
21h
Trump will inherit a housing market creaking under the strain of high prices and high interest rates
Trump’s administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented ...
13h
Mortgage shock warning for 1.8million borrowers as rates creep up and market turmoil continues
MILLIONS of homeowners could face higher mortgage costs this year as rates continue to creep up. Virgin Money hiked the cost ...
Mortgage News Daily
1d
Uneventful Day For Mortgage Rates
Mortgage rates are driven by the bond market and Friday was the least active day of the week for bonds. There were no major ...
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