Latest "Mortgage Rates" News

'Good news' for the spring homebuying season as mortgage rates melt, but economists warn 'finding a deal remains an elusive quest'

Demand is “thawing from the months-long freeze,” but high prices are keeping some buyers in hibernation.

Another week of declining mortgage rates fuels homebuyer demand:Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.13% for the week ending Jan. 26, according to Freddie Mac's Primary Mortgage Market Survey.

Mortgage rates tick down ahead of Fed meeting next week

Mortgage rates fell slightly this week, staying almost flat ahead of the Federal Reserve's closely watched interest rate-setting meeting next week.

New home sales rise for third straight month as mortgage rates fall

December purchases of new homes rose 2.3% as mortgage rates began to normalize, offering hope the housing market is recovering from the Fed rate hikes.

Mortgage rates continue downward trend

Mortgage rates continue cooling off as optimism reigns that the Federal Reserve will loosen its fight on inflation. Home buyers optimistically return to the market.

Mortgage rates near 6% unleash horde of homebuyers, and even lower rates could be on the way — but economists warn consumers are still 'not invincible'

Inflation may be slowing, but other factors threaten to push affordability further out of reach.

Mortgage rates drop to the lowest level since September: Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan. 19, according to Freddie Mac's Primary Mortgage Market Survey.

Mortgage rates fall to levels last seen in September

Mortgage rates fell this week as economic data showed inflation is fading.

US Mortgage Rates Drop to 6.15%, Lowest Level Since September

Mortgage rates fall to lowest level since September

The average rate on a 30-year fixed mortgage fell to 6.15% on Thursday from 6.33% last week, according to mortgage buyer Freddie Mac. A year ago, the average rate was 3.56%.

Homebuilder sentiment rises in January for the first time in a year, thanks to lower mortgage rates

Lower mortgage rates are giving homebuilders greater confidence in the single-family housing market.

Mortgage rates drop again, creating opportunity for homebuyers: Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.33% for the week ending Jan. 12, according to Freddie Mac's Primary Mortgage Market Survey.

Housing expert: ‘We can expect mortgage rates to go down’

The average interest rate on the 30-year fixed mortgage has fallen by three-quarters of a percentage point since mid-November.

Housing expert: ‘We can expect mortgage rates to go down’

The average interest rate on the 30-year fixed mortgage has fallen by three-quarters of a percentage point since mid-November.

Mortgage rates inched down last week, after a slight increase the week before

The 30-year fixed-rate mortgage averaged 6.33% in the week ending January 12, down from 6.48% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.45%.

Mortgage rates decline this week

The average rate on the 30-year fixed mortgage fell to 6.33% from 6.48% the week prior, according to Freddie Mac.

Mortgage rates dip after two-week climb

Mortgage rates dropped this week despite the Federal Reserves fight against inflation. Both the 30-year and 15-year FRM dropped since last week.

Mortgage Rates Recover Slightly, But Thursday Could Bring Much Bigger Movement

Mortgage rates are based primarily on the prices and yields of bonds.  Bonds take cues from several places, but always from inflation and the economy--at least to some extent.  As such, economic reports (including those focused on inflation) can have an immed…

Mortgage Rates Approaching 4-Month Lows

Last Friday was a great day for mortgage rates with two important economic reports helping the bond market make serious gains (read more). Mortgage lenders base their rates primarily on the bond market, but they aren't always eager to drop their rates as much…

Mortgage rates tick up as the year kicks off

The average rate on the 30-year fixed mortgage inched up to 6.48% from 6.42% the week prior, according to Freddie Mac.

High mortgage rates, recession fears: Who actually wants to buy a house in 2023?

Mortgage rates are high, and there are recession fears. Pending home sales have dipped and economists expect the market to continue to droop.

Mortgage rates rose this week after falling for six straight weeks

Mortgage rates rose this week, their first increase after falling for six consecutive weeks, according to the latest data from Freddie Mac.

Mortgage rates rose this week after falling for six straight weeks

Mortgage rates rose this week, their first increase after falling for six consecutive weeks, according to the latest data from Freddie Mac.

Mortgage rates increase after six weeks of declines

The rate on the 30-year fixed mortgage rose to 6.42% from 6.27% the week prior, according to Freddie Mac.

Mortgage rates increase after six weeks of declines

The rate on the 30-year fixed mortgage rose to 6.42% from 6.27% the week prior, according to Freddie Mac.

Mortgage rates keep downward trajectory to close out 2022: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.27% for the week ending Dec. 22, according to Freddie Mac.

Mortgage rates fall for the sixth week in a row

The rate for the average 30-year fixed mortgage slipped to 6.27% from 6.31% the week prior, according to Freddie Mac.

Mortgage rates continue downward trend, falling for sixth week

Federal Reserve rate hikes, high inflation, and worries of recession keep the housing market depressed even though rates fall for sixth week in a row to 6.27%.

Higher mortgage rates depress U.S. single-family housing starts, building permits

U.S. single-family homebuilding tumbled to a 2-1/2-year low in November and permits for future construction plunged as higher mortgage rates continued to depress housing market activity.

‘A welcome development’: As mortgage rates decline for a fifth week, experts say the market has tipped ‘a bit further in favor of buyers’ despite continued ‘affordability hurdles’

Buyers and sellers hesitate even as median home prices slowed to their first single-digit increase in almost a year.

Mortgage rates drop for fifth week in a row

Mortgage rates fell once again this week, dipping for the fifth straight week.

Mortgage rates fall for fifth week

Mortgage rates fell for a straight fifth week with the 30-year and 15-year fixed rate mortgages dropping to 6.31% and 5.54%, respectively, nearly double last year.

Federal Reserve is about to hike interest rates once again – so why are mortgage rates coming down?

The Federal Reserve is expected to raise interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, which would be the seventh...

Mortgage rates drop after CPI report, but the housing market is far from out of the woods

The rate on the popular 30-year fixed-rate mortgage fell to 6.28%, but that's still dramatically higher than where it was a year ago.

Mortgage rates fall for the fourth straight week: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.33% for the week ending Dec. 8, according to Freddie Mac.

‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay

Homebuyers remain pessimistic overall, though some midsize cities offer a “potential refuge.”

Are home prices still going up? What's happening with mortgage rates?

The housing boom combined with high inflation and mortgage rates are forcing homebuyers to sit on the sidelines and wait for the dust to settle.

Mortgage rates fall for fourth straight week

Mortgage rates are still more than double what they were a year ago.

Mortgage rates decrease for a fourth week

The average long-term U.S. mortgage rate fell for the fourth week in a row and has fallen more than three-quarters of a point since hitting a 20-year high last month, according to mortgage packager Freddie Mac.

Here’s why mortgage rates have been falling

While the Fed has continued to hike interest rates, the average interest rate on a 30-year fixed-rate mortgage has dipped from 7.16% to 6.4%.

Mortgage rates dropping as interest hikes could soon slow: Freddie Mac

The average 30-year mortgage interest rate dropped once more this week, but economic uncertainty is bringing down homebuyer demand. Here’s what to do to lower your rate.

Drop in 10-Year Treasury Yield & Mortgage Rates Is Just Another Bear-Market Rally. Longer Uptrend in Yields Is Intact, with Higher Highs and Higher Lows

“Nothing goes to heck in a straight line.” That’s how functional markets adjust to a new reality: Higher inflation, higher rates.

‘Optimism grows’ as mortgage rates post biggest three-week drop since 2008 — but despite this ‘silver lining,’ experts see dark clouds ahead

Buyers may soon be able to snatch an opportunity.

Home delistings hit record as mortgage rates, home prices remain elevated

A record number of homes in the country have been taken off the market amid high interest rates, inflation and growing fears of a recession, according to a new report from Redfin.

Mortgage Rates Drop Sharply, Hitting Lowest Levels Since Mid-September

Mortgage rates had been in a holding pattern for nearly 3 weeks following the November 10th CPI inflation data.  On that single day, the average 30yr fixed rate fell by a record amount (as far as day-over-day record keeping is concerned, and we don't have dai…

Mortgage rates fall for the third week in a row as inflation fears ease

Mortgage rates dipped again this week, marking the third straight week of falling rates.

Mortgage Rates Have Biggest Three-Week Drop Since 2008

The Wall Street Journal’s full markets coverage.

Mortgage rates decrease for third week in a row

The PMMS 30-year mortgage rate released by Freddie Mac dropped for the third week in a row after reaching a 20-year high this year caused by Fed rate hikes.

Mortgage Rates Not Nearly as Low as They Might be Tomorrow

Mortgage rates moved slightly lower today, but barring a major market reversal overnight, could be even lower tomorrow.  It's fairly rare to be able to say such things when it comes to mortgage rates, but the reasons are fairly logical in this case.  Rates a…

Mortgage rates fall for the third straight week, but demand still drops further

Mortgage rates continue to ease, but demand is not following, as there are few who can benefit from a refinance, and homebuyers are still facing high prices.

A brief ‘window of opportunity’ is now open for homebuyers as mortgage rates fall, but experts warn of a ‘longer term war that is not yet over’

The recent swing could save buyers $100 per month, compared to where rates were just two weeks ago.

Mortgage rates fall for the second week in a row

Mortgage rates dropped again this week, after plunging nearly half a percentage point last week.

New home sales unexpectedly climb in October despite steep mortgage rates

Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.

Investor home purchases tumble 30% as rising mortgage rates cool housing market

A new Redfin report showed that investor home purchases plunged in the third quarter of the year as higher mortgage rates rapidly slow the housing market.

Mortgage rates in largest weekly fall in nearly 40 YEARS as inflation softens

Homebuyers will save themselves $100 a month after mortgage rates experienced their largest weekly drop since 1981.

Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’

Homebuilder confidence is also at a decade low.

Here’s how much homebuyers could save after mortgage rates tumble

Home sales fell for the ninth straight month in October, as higher mortgage rates scared off potential buyers

Home sales weakened for the ninth straight month in October, weighed down by higher mortgage rates.

Mortgage rates plunge, largest weekly drop since 1981

Mortgage rates dropped sharply last week following a series of economic reports that indicated inflation may finally be easing.

Average long-term US mortgage rates tumble to 6.61% - The Associated Press

WASHINGTON (AP) — The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months.

Mortgage rates drop by largest amount in 41 years

The rate on the average 30-year fixed mortgage fell to 6.61% from 7.08% the week prior, according to Freddie Mac,

A New Source of Economic Anxiety in Britain: Soaring Mortgage Rates

Homebuilder sentiment falls sharply in November as higher mortgage rates bite

Builder sentiment in the market for single-family homes tumbled in November to the lowest level in 10 years, indicating the housing market is officially in a recession.

Sharp drop in mortgage rates does little to boost demand

Mortgage application volume rose 2.7% last week compared with the previous week, according to the Mortgage Bankers Association.

Mortgage Rates Could Tank Home Prices by 20%, Fed Study Finds

Mortgage Rates Are High Because Nobody Is Buying Mortgages

Banks went on a mortgage-bond buying spree last year, but now they are stepping back from the market

The empire strikes back on lower mortgage rates

This is the second time this year that the Fed empire has struck back after mortgage rates made a move lower.

Mortgage Rates Need Another Push to Keep Plunging

A measure of rates on home loans plunged along with Treasury yields following the hopeful inflation data, but they could remain relatively elevated for a while

Homebuyers and sellers have never been this ‘pessimistic’ as mortgage rates creep above 7% — here’s what the experts say about the chances of a crash or rebound

Spooked by rising rates and economic uncertainty, only 16% say now is a good time to buy a home.

As mortgage rates dip below 7%, ‘millennials should jump at a 6% mortgage like bears grabbing for honey’

Mortgage rates took a slight dip after the federal government posted a better-than-expected economic report. One financial pro says the dip is a big opportunity for prospective homebuyers.

Savings window opens: Today’s mortgage rates plummet across all terms | Nov. 11, 2022

Check out the mortgage rates for Nov. 11, 2022, which are down from yesterday.

Mortgage rates fall sharply to under 7% after inflation eases

Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October.

Mortgage rates rise back above 7%

The 30-year fixed-rate mortgage averaged 7.08% in the week ending November 10th, up from 6.95% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate stood at 2.98%.

Mortgage rates just dipped, and home prices may be ‘reaching the peak’ — but buyers hoping for a free-fall ‘will be disappointed’

At today’s rates and prices, the monthly mortgage payment on a median-priced home is $965 higher than it was a year ago.

Mortgage Rates More Than Double In 10 Months Adds Stress to Buyers and Flippers

Home flippers are under increased stress as prices decline and transaction volume plummets.

Mortgage rates dip back below 7%

Mortgage rates fell this week after surpassing 7% for the first time in 20 years last week. The 30-year fixed-rate mortgage averaged 6.95% in the week ending November 3rd, down from 7.08% the week before, according to Freddie Mac. A year ago, the 30-year fixe…

US housing market expert predicts when mortgage rates might finally fall

“Mortgage rates are at near 20-year highs, and that hurts homebuyers,” economist Lawrence Yun said.

Mortgage rates fall for first time in months

Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better

Nationwide, the typical mortgage payment is up by $558 — about 40% — since the start of the year.

Mortgage rates are at a 20-year high. Here's what that means for monthly payments.

Mortgage payments have risen dramatically within the past two months.

Mortgage rates hit two-decade high

Mortgage rates have climbed to their highest levels in two decades. The average 30-year fixed-rate mortgage now tops 7%. "CBS News Mornings" spoke with Javie...

Mortgage rates hit 7 percent as Federal Reserve moves slow economy

The housing market has taken a direct hit already from the Federal Reserve’s fight against inflation.

U.S. Mortgage Rates Top 7%, Highest in More Than 20 Years

Rate for 30-year mortgages hit 7.08%; a year ago it was just over 3%.

US home prices could plunge 20% next year as mortgage rates surge

The housing market could slow even further this year, according to one economist, who expects prices to tumble 20% as mortgage rates crush consumer demand.

New home sales tumble in September as mortgage rates march higher

Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.

US New-Home Sales Decline as Rising Mortgage Rates Sap Demand

US New-Home Sales Decline as Rising Mortgage Rates Sap Demand

Mortgage rates expected to fall to 5.4% by late 2023, banking group projects

After more than doubling this year, mortgage rates are expected to retreat in 2023, according to an updated forecast from the Mortgage Bankers Association.

Mortgage rates will fall to 5.4% as a recession will hit the US: MBA

As the economy slows with a looming recession next year, mortgage rates will fall from their near-7% levels, per the Mortgage Bankers Association.

‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates

Buyers willing to brave the current market are turning to adjustable-rate mortgages in order to keep costs under control.

Why the housing market should brace for double-digit mortgage rates in 2023

Home prices could give up all pandemic gains, says Whalen

Mortgage rates rise again, creeping closer to 7%

Mortgage rates rose again this week, stopping just short of the 7% mark.

Existing home sales fall to a 10-year low in September, as mortgage rates soar

Sales of previously owned homes fell 1.5% in September from August to a seasonally adjusted annual rate of 4.71 million units.

Housing: How much higher can mortgage rates go?

Where rates end up in the remaining months of 2022 has led many housing economists to revisit their forecasts yet again.

Home asking prices tumble at record pace as mortgage rates surge: data

Steep mortgages are “pushing homebuyer sentiment down near its all-time low,” an economist said.

Homebuyers distressed as mortgage rates hit 20-year high - WPTV News

‘The numbers just don’t work’: While rising mortgage rates have some homebuyers giving up, others think they’ve found a workaround

Rates near 7% are a tough ‘mental hurdle’ for homebuyers to overcome, one economist says.

U.S. mortgage rates reach 20-year high

U.S. mortgage rates reached a 20-year high as the Federal Reserve continues to raise interest rates to try to tame inflation. CBS News' Errol Barnett and Ela...

US mortgage rates could surge to 8.5% as inflation rages: economist

An 8.5% average mortgage rate would be “another big shock to the housing market.”

Mortgage rates reach 20-year high, close in on 7%

The average rate on the 30-year fixed mortgage jumped to 6.92% from 6.66% last week, according to Freddie Mac.

Mortgage rates climb, closing in on 7%

Mortgage rates have climbed above 7%. Here are 5 ways to get a far lower rate

The latest mortgage rates

It's bad enough mortgage rates are over 7% – now it's harder to qualify for a home loan

Mortgage rates are soaring, and credit availability is the lowest it's been in over nine years.

Mortgage rates step back from the brink, but hesitation is still at a 25-year high

With rates perilously close to 7%, Americans who waited just a few weeks to buy are now spending more than $200 extra every month.

With 7% Mortgage Rates, It's Game Over For The Housing Bubble (BATS:ITB)

Hot markets in the US and other countries like Canada, Australia, and New Zealand could see home price declines near 50%. Read more about the housing market here.

No, Mortgage Rates Aren't Lower This Week. They're Actually Back Over 7%

Mortgage rates were refreshingly lower at the beginning of the week with most lenders continuing to improve through Tuesday afternoon.  Much has changed since then.  In fact, the average lender is once again above 7% for top tier conventional 30yr fixed rates…

Higher mortgage rates mean Long Island home sellers face a shifting market

With spiking mortgage rates eroding buyers' budgets, the pandemic buying frenzy is a thing of the past, agents say.

Mortgage Rates Spike: US Borrowing Costs Hit Highest in 16 Years

US Mortgage Rates Rise for Seventh Week to Highest in 16 Years

(Bloomberg) -- US mortgage rates jumped to a 16-year high of 6.75%, marking the seventh-straight weekly increase and spurring the worst slump in home loan...

Mortgage Rates Spike: US Borrowing Costs Hit Highest in 16 Years

High mortgage rates, tight supply and economic uncertainty: Here's what's happening with home prices

Recent reports are using monthly comparisons because of the sharp turnaround in the once-hot, pandemic-driven housing boom. So the changes can appear dramatic.

Housing market: mortgage rates rise to 6.7%

Mortgage rates have risen to 6.7%, which is the highest they’ve been since 2007. Yahoo Finance anchor Julie Hyman gives details on September 29, 2022.Don't M...

How rising mortgage rates are changing the housing market

With mortgage rates around 7 percent, buyers may be thinking twice before purchasing a home.Read the full story here: https://www.newscentermaine.com/article...

Mortgage rates hit 15-year high

Anyone trying to buy a house now will have to contend with mortgage rates closer to 7%. Chris Holmstrom and Marci Gonzalez report.

Think mortgage rates are high now? Homebuyers in the 1980s were paying 19%

Think mortgage rates are high now? Connie Strait remembers when she was starting her career in real estate in the early 1980s and buyers were contending with rates three times higher.

Mortgage Rates Rise to 6.7%, Highest Since 2007 - WSJ

Mortgage rates are more than double where they were a year ago, adding pressure to the already cooling U.S. housing market.

US mortgage rates climb to 6.7%, highest for 15 years

Mortgages rise for sixth straight week, threatening to sideline even more homebuyers as Americans struggle with cost of borrowing

Mortgage rates surge, closing in on 7%

Mortgage rates surged for the sixth week in a row, moving closer to 7%.

US home price reports show the cooling effect of rising mortgage rates

US home prices continued to climb in July. But the market showed signs of cooling as rising mortgage rates pushed more prospective buyers to the sidelines.

Mortgage Rates Now at 20-Year Highs

The most recent historical high water market for mortgage rates was 14 years.  It was broken so many times in September that we officially declared it to be boring last Tuesday.  Now, less than a week later, 14-year highs would be more exciting than boring.  …

Mortgage rates turning housing market into 'world of two buyers and two sellers': Expert

#mortgagerates #yahoofinance This segment originally aired on September 22, 2022.SitusAMC Managing Director Tim Rood joins Yahoo Finance Live anchors to dis...

Mortgage rates climb higher, triggering home price drops

Freddie Mac's chief economist said that higher mortgage rates are starting to impact home prices, but housing supply remains below normal.

U.S. average mortgage rates hit 6.29%, marking a 14-year high

Home buyers nationwide are pulling back from the market due to high interest rates. Igor Popov, chief economist at Apartment Listing, joined Elaine Quijano t...

Heartbreaking Day Leaves Mortgage Rates Much Higher Than 6.29%

At the close of business yesterday, there was hope.  Well, to be fair, there's still hope, but it's much less immediate, and it certainly isn't the first thing that comes to mind today.   Yesterday's hope stemmed from a combination of factors.  Rates had ris…

Housing market slows as mortgage rates, home prices rise

The U.S. housing market slowed in August for the seventh consecutive month this year. CBS News speaks with George Ratiu, the manager of economic research at ...

'The housing market may have to go through a correction': Mortgage rates hit 6.29%, Freddie Mac says

The 30-year mortgage rate is averaging at 6.29%, Freddie Mac said in its latest weekly survey on Thursday.

Mortgage rates rise to nearly 6.3%, the highest level since 2008

Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive interest rate hike by the Federal Reserve.

Will Home Prices Fall? Higher Mortgage Rates Are Freezing Out US Buyers

Will Home Prices Fall? Higher Mortgage Rates Are Freezing Out US Buyers

Mortgage rates jump again, remain above 6%

The average rate on the 30-year fixed mortgage increased to 6.29% from 6.02% last week, according to Freddie Mac.

Lumber prices fall after mortgage rates solidify their move above 6%

"The lumber market continues to be in a state of overall malaise as buyers anticipate lower overall demand going forward," Sherwood Lumber told Insider.

Mortgage rates pose challenge for potential home buyers

CNBC's Diana Olick joins Shep Smith to report on how rising interest rates are impacting a cooling housing market.

U.S. Home Sales and Prices Fell in August as Mortgage Rates Rose

The U.S. housing market slowed for a seventh straight month in August, the longest stretch of declining sales since 2007.

Borrowing costs, mortgage rates expected to rise with Fed rates

Borrowing costs, mortgage rates expected to rise with Fed rates

Randy Kroszner, Former Federal Reserve governor and current professor of Economics at the Booth School of Business at University of Chicago, joins 'The Excha...

8 out of every 10 Texas homeowners have mortgage rates far below today’s level

About eight out of every 10 homeowners in Texas have mortgage rates far below the current level, which may lead many would-be sellers to stay put.

Mortgage Rates Surging to New 14-Year Highs

Mortgage rates had another moderately bad day to start the new week.  The unfortunate thing about moderately bad days that occur when rates were already at 14 year highs is that we're left with another new 14-year high.   There were no new or interesting rea…

Across Minnesota, higher mortgage rates take a toll on home sales and listings

It's still a seller's market, but it is becoming less competitive and the number of deals was down 24% last month.

As Mortgage Rates Top 6%, More Borrowers Choose Adjustable-Rate Loans

This type of mortgages carries more risk, but it offers buyers a chance to make lower payments now and refinance when rates are better.

6% Mortgage Rates Are OLD News

The internet, TV, and even public radio stations were buzzing all day with groundbreaking news on mortgage rates.  Apparently, for the first time in 14 years, 30yr fixed rates moved back above 6%.  Big news, right?! Perhaps not.  Here are 2 headlines from th…

Mortgage rates surpass 6 percent for the first time since 2008

The 30-year fixed-rate average hit 6.02 percent this week, reaching its highest level in 14 years.

Mortgage rates hit 6% for the first time since 2008, while applications fall to lowest level since 1999

Mortgage applications fell again this week, the Mortgage Bankers Association said, with homebuyers staying on the sidelines as interest rates rise.

Mortgage rates hit 14-year high

CNBC's Diana Olick joins Shep Smith to discuss interest rates, the bond market and its impact on the housing market.

Can you avoid that 6% mortgage rate? Here’s what pros think will happen next with mortgage rates

The housing market is in flux, and so are mortgage rates.

Zillow builds back gains as mortgage rates hit 14-year highs

Zillow jumps 12% this week as mortgage rates his 2008 highs. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Steve Grasso, Jeff Mills and...

Mortgage applications are down. Will mortgage rates come down?

Homebuyers are grappling with home prices that are still soaring amid rising inventory, falling home sales and volatile interest rates.

Mortgage rates hit their highest level in 14 years at 5.89%

Average mortgage rates have risen to their highest level in 14 years, edging closer to 6 percent as it becomes clear to investors that the Federal Reserve will continue its aggressive policy rate hikes.

Mortgage rates reach highest level since 2008

Mortgage rates rose again this week to their highest level since 2008, approaching 6% as the Federal Reserve prepares more rate hikes, Freddie Mac says.

Mortgage rates reach highest level since 2008

Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors that aggressive rate hikes from the Federal Reserve would continue.

Mortgage Rates Hit 5.89%, Highest Level Since 2008 - WSJ

The rate on a 30-year mortgage topped an earlier high in June. This time last year, rates were below 3%.

High mortgage rates drive borrowers to ARMs for savings, expert says

Homebuyers are looking to alternative mortgage products like adjustable-rate mortgages to deal with affordability issues.

As mortgage rates climb, loan demand, refinancing drops

The housing industry is seeing the effects that higher mortgage rates are having. The average rate on the 30-year fixed mortgage is 5.66% this week, up from 5.55%.

Housing market slows as mortgage rates hit 6.25%

CNBC's Diana Olick joins 'The Exchange' for a housing market news alert about mortgage rates hitting 6.25%. For access to live and exclusive video from CNBC ...

Rising Mortgage Rates Complicate Decision on Buying Versus Renting

The costs of buying and renting have both risen rapidly, but mortgage payments are the highest on record relative to rents.

Mortgage rates jump over a half-point in two weeks

The rate on the 30-year fixed mortgage increased to 5.66% from 5.55% the week prior, according to Freddie Mac.

Mortgage Rates Jump Back up to 2-Month Highs

Mortgage rates managed to breathe a decent sigh of relief last Friday as the bond market remained fairly calm despite stock market weakness following Fed Chair Powell's Jackson Hole Speech.  Mortgage lenders had been pricing defensively ahead of that event an…

Mortgage rates climb again, jumping to more than 5.5%

Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health of the US economy.

Highest Mortgage Rates in More Than a Month

At the end of July, the prevailing concern in the mortgage industry was that rates were falling at an unhealthy pace.  The good news is that as we approach the end of August, no one needs to be concerned about that anymore!  The bad news is hopefully obvious.…

Mortgage rates slink back down, but hordes of jittery homebuyers are still waiting on the sidelines

Meanwhile, savvy buyers will find ‘certain opportunities’ that haven’t been available for years, says one real estate expert.

Mortgage rates drop amid signs that inflation may have finally peaked

Homebuilders are done until mortgage rates fall

Tuesday's housing starts report shows that homebuilders are done with single-family construction until mortgage rates fall.

US falls into 'housing recession' as mortgage rates, building costs surge

Builder confidence has plummeted for eight consecutive months, its worst streak since 2007.

Mortgage rates for Aug. 11

The 30-year fixed average, which had fallen below 5 percent, rebounded to 5.22 percent.

Mortgage rates spike as home prices hit new record

Mortgage rates jumped, crossing back above the 5% level for a 30-year fixed rate but don't expect higher costs to make housing more affordable.

Mortgage rates surpass 5% again

The rate on the 30-year fixed mortgage increased to 5.22% from 4.99% the week prior, according to Freddie Mac.

Mortgage rates drop below 5% for first time in 4 months

#housing #mortgage #yahoofinance Yahoo Finance's Brian Cheung and Dave Briggs discuss the dip in mortgage rates and housing affordability.Don't Miss: Valley ...

Mortgage Rates Drop Below 5% for First Time Since April

Rates have fallen swiftly from their 13-year high of 5.81% in June.

Mortgage rates drop below 5% for first time since April

The 30-year fixed-rate mortgage averaged 4.99% in the week ending August 4, down from 5.3% the week before, according to Freddie Mac. But that is still significantly higher than this time last year when it was 2.77%.

Mortgage rates fall below 5% for first time since April

The rate on the 30-year fixed mortgage slipped to 4.99% from 5.3% the week prior, according to Freddie Mac.

Housing market cools due to inflation and higher mortgage rates

CNBC's Diana Olick joins Shep Smith to report on the cooling housing market, caused by inflation and higher mortgage rates.

Today’s mortgage rates: 30- and 20-year rates plunge | July 18, 2022

Check out the mortgage rates for July 18, 2022, which are down from last Friday.

Mortgage rates and home prices are keeping renters from becoming homeowners

Inflation is making it even harder to buy a home.

Mortgage rates jump as home affordability drops

The high cost of home ownership continues to squeeze would-be buyers with mortgage rates rising again this week after two weeks of declines.

Mortgage rates rise to 5.5% as volatility continues

Mortgage rates are on the rise again after a dramatic drop last week.

US Mortgage Rates Rise to 5.51% in Threat to Further Cool Housing Market

US Mortgage Rates Rise to 5.51% in Threat to Further Cool Housing Market

Mortgage Rates Edge Back Down. More Volatility Looms

Mortgage rates moved sharply higher last week relative to where they ended the previous week.  In the 3 weeks before that, rates fell at one of the fastest paces on record, largely because the starting point was the highest level since at least 2008.   In ca…

Mortgage rates have surged. Here's how to get a lower rate

With soaring inflation and the possibility of further rate increases, would-be homebuyers may be looking for ways to lower their rates.

Homeownership just got 5% cheaper as mortgage rates fall off a cliff

Housing prices may also soften soon, as "sellers are finally being challenged."

Why low mortgage rates are not necessarily good news

A drop in mortgage interest rates isn't always something to celebrate.

Mortgage rates drop for the second week in a row

No, Mortgage Rates Are NOT LOWER Today!

Without a shadow of a doubt, mortgage rates are noticeably higher today than they were yesterday.  They were also noticeably higher yesterday compared to Tuesday.  Finally and most importantly for the purposes of this article, today's rates are incontrovertib…

US mortgage rates in sharp fall as economic jitters seep into housing

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

(Bloomberg) -- Mortgage rates in the US posted the biggest one-week decline since 2008.Most Read from BloombergUS Mortgage Rates Plunge to 5.3% in Biggest...

Today's Mortgage Rates & Trends - July 6, 2022: Rates dip lower

After climbing back above 6% early last week, 30-year mortgage rates have since been sliding, dropping almost half a point in three days.

30-year mortgage rates dip to 21-day low | July 6, 2022

Check out the mortgage rates for July 6, 2022, which are largely down from yesterday.

Real Estate slumps 21% in 1H22, focus on mortgage rates

Semi annual gainers: (ACC), (NHI), (EQC), (CMTG), (SBRA)Semi annual losers: (OPEN), (IIPR), (SAFE), (CIM), (DBRG) Never seen rising mortgage rates (currently at 5.7% from an average of...

Seattle housing market shows signs of cooling amid surging mortgage rates

Whether you're buying or selling a home, summer is typically the time when the housing market heats up.

Will mortgage rates soon hit 7%? What economists and real estate pros say

5 economists and housing market pros share their predictions for mortgage rates this summer.

‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash

Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.

Housing Bubble Getting Ready to Pop: Pending Sales Plunge in June, Inventory Jumps, Price Reductions Spike amid Holy-Moly Mortgage Rates

Pent-up supply suddenly shows up – those vacant homes that no one was counting as vacant.

Mortgage Rates Drop After Three Weeks of Increases

Mortgage rates declined this week but remain near multiyear highs, helping make it the least affordable time to purchase a home since before the financial crisis.

Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales

As the Federal Reserve tries to fight high inflation, costly mortgage rates have begun to price people out of the housing market.

Mortgage rates increase to highest rate since November 2008

Mortgage rates increased once again last week, hitting their highest mark since 2008, according to Freddie Mac. But many buyers remain ready to purchase a home.

Pending home sales post surprise increase in May, likely due to brief pullback in mortgage rates

Pending home sales, a measure of signed contracts on existing homes, rose slightly in May, up 0.7% compared with April.

Unemployment Rates, Interest Rates, Mortgage Rates & Credit Card Rates

Rates rule everything around me.

Mortgage Rates Hit a Nearly 14-Year High. Here's The Silver Lining for Homebuyers.

Higher interest rates and slowing home sales have tipped real estate into a “buyers market” after two years of sellers calling the shots.

30-year mortgage rates slide even lower | June 23, 2022

Check out the mortgage rates for June 23, 2022, which are largely down from yesterday.

Mortgage rates rise again, pricing more buyers out of the housing market

Mortgage rates continue to climb as the Federal Reserve seeks to tame unwieldy inflation.

Mortgage rates hit 5.81%, highest level since November 2008

Mortgage rates have hit 5.81% — the highest level since 2008 — ramping up pressure on homebuyers already feeling squeezed in the current real estate market.

High home prices collide with high mortgage rates

CNBC's Diana Olick joins 'The Exchange' to report on the increase in the existing home median price and expectations for sales in the face of high interest r...

Are rising mortgage rates already cooling the hot real estate market?

The number of pending sales is down from last year, but homes are still selling quickly.

'I can't win in this market': Why LGBTQ homebuyers say mortgage rates are hitting them especially hard

The rapid rise in home prices, followed by a spike in mortgage rates, is particularly impactful for LGBTQ homebuyers.

Will Home Prices Fall? Builders Offer Discounts as Mortgage Rates Rise

'I’ve never seen it like this': Realtors weigh in as mortgage rates jump again

The 30-year fixed mortgage now averages 5.78%.

Mortgage Rates Hit 5.78%, Highest Level Since 2008

U.S. mortgage rates reached their highest levels in more than 13 years, the latest sign of market tumult tied to the Federal Reserve’s campaign to cool inflation.

US home mortgage rates jump by the most since 1987

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Surging mortgage rates hitting first-time homebuyers ‘the hardest’: Real estate expert

Anywhere Real Estate's Ryan Schneider said soaring mortgage rates hurt first-time homebuyers the most and waiting for prices to go down isn't the "best answer" with low supply.

Home sales plunge in Southern California, and prices level off as mortgage rates rise

Southern California’s median home price was $760,000 in May, unchanged from the month before, DQNews/CoreLogic figures show. Sales, meanwhile, dropped 16% from the year before.

Mortgage Rates Continue Higher Into The 6's

Yes, mortgage rates really moved above 6% yesterday for the first time since 2008.  Yesterday's coverage addressed the core of the matter (definitely read that one here if you haven't already).  Today was just an addendum by comparison, but an unpleasant one …

Mortgage Rates Surge Well Into the 6% Range After One of The Worst Days in Decades

It's hard to quantify just how bad today was for mortgage rates because there's no quality day-over-day mortgage rate data from before 2009 (when we created our own).  In that time, there has only been one other comparable day to today in terms of the jump in…

Mortgage rates spike as inventory rises

CNBC's Diana Olick joins 'The Exchange' to report on the mortgage rate spike and ongoing inventory issues in housing. For access to live and exclusive video ...

The economic shock hitting the housing market is getting bigger—6% mortgage rates look close

The higher than expected inflation reading has made financial markets jittery again. Here's why that's bad news for homebuyers.

The economic shock hitting the housing market is getting bigger—6% mortgage rates look close

The higher than expected inflation reading has made financial markets jittery again. Here's why that's bad news for homebuyers.

Mortgage rates jump, reaching 5.23%

American homeowners continue to feel the pinch as the 30-year fixed-rate mortgage rate rose this week, averaging 5.23% as of Thursday. Rates hadn't exceeded 5% in over a decade.

Mortgage rates are on the rise again

After taking a breather for several weeks, mortgage rates climbed again.

Mortgage rates jump again, buyers head to the sideline

Average long-term U.S. mortgage rates jumped back up ahead of next week’s Federal Reserve meeting where it’s expected to announce another increase to its main borrowing rate

Mortgage rates jump again, buyers head to the sideline

WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped back up ahead of next week's Federal Reserve meeting where it's expected to announce another big increase to its main borrowing rate. Mortgage buyer Freddie Mac reported Thursday that the 30-year …

Mortgage rates fall a third week in a row as housing market tilts in homebuyers’ favor

Sellers are also starting to drop their asking prices, though buyers should keep their hopes in check.

Mortgage rates dip again, but it's still tough to afford a home

Mortgage rates fell slightly this week, marking the third consecutive week of declines. But prospective buyers are finding it increasingly difficult to afford a home.

US Mortgage Rates Slip as Market Shows Signs of 'Normalizing'

US Mortgage Rates Slip as Market Shows Signs of 'Normalizing'

US mortgage rates dipped slightly for the third straight week of declines.

US Mortgage Rates Slip as Market Shows Signs of 'Normalizing'

Mortgage rates rise sharply after three weeks of easing

Mortgage rates are surging higher again this week after falling for the past three weeks.

Mortgage rates fall slightly, but offer little relief to buyers

Mortgage rates fell for a second consecutive week, but still remain above 5%.

Mortgage Rates Fall to 5.1% in Biggest Drop Since April 2020

Mortgage Rates Fall to 5.1% in Biggest Drop Since April 2020

Mortgage Rates Fall to 5.1% in Biggest Drop Since April 2020

Today's mortgage rates: 30-year rates sink to 22-day low | May 23, 2022

Check out the mortgage rates for May 23, 2022, which are largely down from last Friday.

US Mortgage Rates Fall for the Second Time in Eleven Weeks

Uncertainty about the economic outlook has become the key focal point for the markets, with mortgage rates falling despite a hawkish Fed Chair.

Housing: Existing home sales fall to lowest level since June 2020 as mortgage rates rise

#Housing #Homes #MortgagesYahoo Finance's Julie Hyman breaks down April existing home sales data.Don't Miss: Valley of Hype: The Culture That Built Elizabeth...

As Supply Rises & Mortgage Rates Spike, US Home Sales Fall to Lowest since June 2020, Plunge in California's Coastal Metros

Sales at the Top are strong. Bottom falls out in rest of market. “Rising interest rates and higher home prices depressed housing demand.”

Housing Bubble Getting Ready to Pop: Mortgage Applications Plunge amid Holy-Moly Mortgage Rates, Croaking Stocks, Ridiculous Home Prices

“Recent stock market volatility” catches some of the blame.

Housing market 'starting to see the impact of higher mortgage rates,' economist says

#housingmarket #realestte #interestratesRealtor.com Chief Economist Danielle Hale joins Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith to...

China Eases Mortgage Rates

China eased mortgage rates for first time home buyers to support the property market as Shanghai prepares to reopen shops as more signs of credit stress in t...

China Cuts Mortgage Rates to Counter Collapse in Home Sales

A 'Perfect Storm': Sharp Rise in Home Prices, Mortgage Rates Driving Working Americans out of the Market

The dramatic rise in home prices and mortgage rates in the early months of 2022 has had a ...

Mortgage rates continue to climb

Mortgage rates moved higher this week, continuing an upward trend that has kept rates above 5% since mid-April.

Today's mortgage rates: 30- year rates drop a quarter point | May 11, 2022

Check out the mortgage rates for May 11, 2022, which are mixed from yesterday.

Mortgage Rates Climbing: What Homebuyers Need To Know In A Tough Market

With low inventory and record-high prices, waiting longer can have fixed mortgages tick up even higher. However, the average 30-year fixed mortgage rate has ...

Housing market improves as rising mortgage rates weigh on sales

After one of the most severe housing shortages in history, the supply of homes for sale is finally starting to increase, according to new data from Realtor.com.

Mortgage rates hit 5.64% as home prices are up 34% since start of pandemic

Mortgage rates hit 5.64% as home prices are up 34% since start of pandemic

CNBC's Diana Olick reports on a rapid recent rise in mortgage rates and the impact it could have on the housing market. For access to live and exclusive vide...

Mortgage rates hit highest level since 2009, what it means for prospective Idaho homebuyers

In Boise, Moody’s found homes are 73% overvalued, making it the most overpriced city in the nation.

Holy-Moly Mortgage Rates Hit 5.64%, 10-Year Treasury Yield 3.12%, Long-Term Treasury Bond Fund Gets Massacred

So the Fed Gets Ready to Walk Away from the Bond Market, and All Kinds of Stuff Happens.

Mortgage rates go up again, but one economist says they’ll likely plateau soon

As fewer borrowers can afford to finance the purchase of a new house, record-high appreciation in the housing market is expected to slow.

Rising mortgage rates help boost demand for Twin Cities apartments

With fewer vacant apartments in the Twin Cities, rents increased slightly during the first three months of the year.

US mortgage rates rise; 30-year at 5.27%, highest since 2009

Mortgage Rates Hit 5.27%, Highest Level Since 2009

Home-loan rates have surged from 3.22% at start of year

Mortgage rates hit highest level since 2009

Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two percentage points higher this year.

'The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market

The Federal Reserve is pushing mortgage rates higher, which is upending the competitive housing market

Mortgage Rates Started Higher, But Improved After Fed Announcement

Today brought the much-anticipated policy announcement from the Federal Reserve.  Many people mistakenly believe that the Fed's present day decisions to hike/cut its policy rate (the Fed Funds Rate) are important to financial markets, but by the time the Fed …

As mortgage rates rise, here’s how to decide whether you should buy a home or rent

Rising mortgage rates and prices are squeezing buyers. At the same time, rents are also up. Here's what to consider when deciding which move is right for you.

High mortgage rates cause monthly mortgages to spike $1800 from pre-pandemic levels

Mortgage Rates Steady at Long-Term Highs Ahead of Fed

Mortgage rates hit their highest levels since 2009 yesterday amid the fastest spike since the early 1980s.  Today's rates were very similar on average, but the bond market left some room for mortgage lenders to offer improvements during the day.  A few of t…

30yr Fixed Mortgage Rates Now Over 5.5%

The hits keep coming for mortgage rates in 2022.  Not since the early 80s have rates risen as quickly as they have in the past 2 months (or the past 4 months for that matter).  Less than 6 months ago, some lenders were still quoting top tier conforming 30yr f…

Home affordability is nearly the worst on record as mortgage rates spike

Overheated home prices and sharply higher mortgage rates are crushing housing affordability.

Today's mortgage rates: 30-year rates drop | May 2, 2022

Check out the mortgage rates for May 2, 2022, which are mixed from last Friday.

How Home Buyers Can Navigate Rising Mortgage Rates

It’s tempting to jump into the home-buying frenzy. But with prices up and mortgage rates surging, make sure you do the math first.

How long can home prices keep climbing even as mortgage rates rise?

Home prices keep climbing, and climbing — and buyers keep competing for the chance to pay them, even as mortgage rates have risen two full percentage points in the last six months. At $515,000, the median price of a Massachusetts single-family home sold last …

Today's mortgage rates: 20-year rates tumble | April 29, 2022

Check out the mortgage rates for April 29, 2022, which are trending down from yesterday.

The Most Splendid Housing Bubbles in America, April Update: Raging Mania on the Eve of the Spike in Mortgage Rates

At the time rate locks were issued for those deals, mortgage rates were still around 3.2%.

Fact Check Team: How will high mortgage rates impact home buyers?

WASHINGTON (TND) — With mortgage rates now rising above 5%, owning a home could soon be out of reach for many Americans. The National Desk’s Fact Check Team has more on how inflation could keep prospective home buyers out of the market for quite s…

Mortgage rates surge past 5% - what this means for homebuyers

Mortgage rates surged past 5% in their seventh consecutive weekly increase.

Rising Mortgage Rates Prompt Downward Revision to Home Price Forecasts

A sharp run-up in mortgage rates has prompted speculation about possible cooling in house prices in the red-hot U.S. market, with real estate research firm Zillow lowering its home price forecast for 2023 by 1.6 percentage points.

Mortgage Rates Are Even Higher Than You've Been Told!

Thursday marks the weekly release of the industry's most widely cited mortgage rate survey.  All manner of news outlets rely on the survey to generate once-a-week stories.  Those have been especially popular recently, but only because bad news sells.   The …

Mortgage rates just hit a 12-year high

Mortgage rates continued to rise this week, reaching their highest level in more than a decade.

Today's 30-year mortgage rates slip below 20-year rates | April 21, 2022

Check out the mortgage rates for April 21, 2022, which are trending down from yesterday.

Mortgage rates rise rapidly in Seattle metro area, Zillow reports

SEATTLE — The historically low mortgage rates that benefitted buyers throughout the pandemic have risen significantly. Seattle-based Zillow reports that mortgage rates in the United States are up 20 percent since December, raising monthly payments for p…

Treasury Bond Massacre, Mortgage Rates Hit 5.35%, Highest since 2009, and it's Only April

But future bond buyers get the higher yields.

Highest Mortgage Rates Since 2009

Where do we even begin the conversation about mortgage rates on any given day in the spring of 2022?  The news has frequently fallen into the category of same thing, different day.  The same thing in today's case is another jump up to long-term highs.  Toda…

Today's 30-year mortgage rates climb, 3 other terms hold | April 19, 2022

Check out the mortgage rates for April 19, 2022, which are mostly unchanged from yesterday.

Homebuilding confidence drops to seven-month low amid surging mortgage rates

Surging mortgage rates and snarled supply chains boosted housing costs, shutting out some first-time buyers from the market, a survey showed on Monday.

Homebuilding confidence drops to 7-month low amid surging mortgage rates

Surging mortgage rates and snarled supply chains boosted housing costs, shutting out some first-time buyers from the market, a survey showed on Monday.

Decade-high mortgage rates pose threat to Spring housing market

U.S. housing sales are heating up again this spring, but the highest mortgage rates in more than a decade threaten to cool the sales pace that has gripped the market for nearly two years.

Decade-High Mortgage Rates Pose Threat to Spring Housing Market

Demand remains strong, but borrowing rates are climbing at fastest pace in years

30-year home mortgage rates hit 5% for the 1st time in over a decade - KABC

Home mortgage rates just hit 5% for the first time in more than a decade. That means the monthly cost of buying a typical home has surged.

Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain

As interest rates on home loans surge above 5%, the pandemic-related boom in purchases of second homes is coming to a screeching halt.

Mortgage Rates Hit 5% for First Time Since 2011

The monthly cost of buying a typical home has surged by more than a third over the past year by one estimate, yet demand remains robust

Mortgage rates hit 5 percent for first time since 2011

Rates have risen faster than many economists had expected, and they are starting to temper the housing boom.

30yr Mortgage Rates Jump to 5.25%, Highest Since 2009

The last few days of March offered some hope that 2022's massive rate spike might be slowing down. The first few days of April crushed those hopes and things have only gotten worse as the new week begins.  After breaking above 5% by the end of last week, Mo…

Today's 30-year mortgage rates dip back below 5% | April 11, 2022

Check out the mortgage rates for April 11, 2022, which are trending up from last Friday.

Mortgage Rates Soaring At Fastest Pace In Nearly 30 Years, Making Homes Even Less Affordable

Mortgage rates are soaring at the fastest pace in three decades as interest rates begin to rise. According to government-backed mortgage company Freddie Mac, 30-year fixed-rate mortgages now average 4.72% — a sharp increase from 3.13% one year ago. “Mortgage …

Mortgage rates edge up close to 5%

Applications for mortgages are down by a whopping 40% from a year ago with some rates now nearing or at 5% and sure to climb.Subscribe to KTVU's YouTube chan...

Mortgage rates are rising at the fastest pace since 1994

The average interest rate for a 30-year mortgage in the U.S. edged up again this week, reaching a level not seen in more than three years.

Rising mortgage rates add to affordability squeeze for Seattle-area homebuyers

Home affordability gets worse as prices and mortgage rates rise

As both home prices and mortgage rates rise, buying a home is increasingly unaffordable for a growing number of Americans.

Rising mortgage rates are causing more home sellers to lower their asking prices

Weakening affordability is causing sellers to get more realistic about their asking prices. There are also more listings coming on the market.

Mortgage Rates Surged to New Highs Before Recovering Moderately

Mortgage rates jumped significantly higher this morning with the average conventional conforming 30yr fixed rate moving well over 5%.  The most recent motivation for this upward momentum was yesterday's speech from Fed Vice Chair Lael Brainard who warned of t…

Climbing mortgage rates result in mortgage application slowdown, 12% decline in refinancing: survey

The housing market has seen a slowdown in activity despite a strong bump in jobs and wage growth in March.

Lumber prices flirt with key level as mortgage rates jump above 5%

Surging mortgage rates will only add to the barriers faced by consumers in the already restrictive housing market.

U.S. Mortgage Rates Soar, Reaching Highest Since Late 2018

Mortgage rates climb above 4.6%

Mortgage rates rose again this week as the conflict in Ukraine and rising inflation continued to weigh on the US economy. The 30-year fixed-rate mortgage averaged 4.67% in the week ending March 31, up from 4.42% the week before, according to Freddie Mac.

Mortgage Rates Surge to Highest Since 2018

30-year mortgage rate rises to 4.67%; costlier home loans have yet to dent demand in a big way

30-year mortgage rates dip even further below 20-year rates | March 29, 2022

Check out the mortgage rates for March 29, 2022, which are mixed from yesterday.

What higher mortgage rates mean for the housing market

It could be an unsettled spring sales season as the market struggles to find equilibrium

The Treasury Bond Massacre and the Spike to 5% Mortgage Rates: This is All Going Very Fast

Junk bonds are still in la-la-land though, Apocalypse but not now.

Mortgage rates move higher with 30-year fixed hitting 4.95%

CNBC's Diana Olick reports on mortgage rates and housing data. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi...

Mortgage Rates Hit Fresh Three-Year High

Rapid rise in borrowing costs come as Federal Reserve signals more interest-rate increases to tame inflation

Mortgage rates keep climbing

Mortgage rates continued to rise amid fears of inflation and geopolitical uncertainty. The 30-year fixed-rate mortgage averaged 4.42% in the week ending March 24, up from 4.16% the week before, according to Freddie Mac.

Mortgage rates are surging faster than expected, prompting economists to lower their home sales forecasts

Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.

Today's mortgage rates: 30-year rates hold steady for 3rd day, other terms fall | March 21, 2022

Check out the mortgage rates for March 21, 2022, which are trending down from last Friday.

Mortgage rates jump above 4% — prompting borrowers to return to a staple of the housing bubble

With rates at their highest point since 2019, some buyers are turning to adjustable-rate mortgages for affordability.

Mortgage rates jump above 4% — prompting borrowers to return to a staple of the housing bubble

With rates at their highest point since 2019, some buyers are turning to adjustable-rate mortgages for affordability.

Mortgage Rates Spike, Home Sales Drop for 7th Month, and Suddenly Here Come the New Listings

But it doesn’t yet reflect the recent spike in mortgage rates to 4.5%.

Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates

Drop of 7.2% came as shortage of homes for sale makes it difficult for buyers to compete

U.S. home sales tumble; higher prices, mortgage rates eroding affordability

U.S. home sales fell by the most in a year in February as a perennial shortage of houses and double-digit price growth continued to squeeze first-time buyers out of the market.

Home sales fell far more than expected in February, as mortgage rates rose and supply remained tight

Rising mortgage rates are starting to take their toll on homebuyers. Sales fell far more than expected in February.

Mortgage rates rise above 4% for the first time since 2019

Mortgage rates climbed past 4% for the first time since May 2019. The 30-year fixed-rate mortgage averaged 4.16% in the week ending March 17, up from 3.85% the week before, according to Freddie Mac.

Mortgage Rates Top 4% for the First Time Since 2019

Higher borrowing costs pose another challenge for would-be homeowners facing soaring home prices

Mortgage rates for March 17

The 30-year fixed-rate average climbed to 4.16 percent, its highest level since May 2019.

Homebuilders' sales expectations drop dramatically, as mortgage rates soar

Rising mortgage rates are starting to take their toll on homebuilder confidence, especially sales expectations.

Mortgage rates on the rise again

Sorry... Mortgage Rates Definitely Aren't Still Under 4%

It's Thursday and thus time once again for Freddie Mac's weekly mortgage rate survey.  An industry standard report dating back to the 70s, Freddie's survey rate is standby for multiple news organizations to print their once-a-week mortgage rate color.  The ne…

Mortgage rates jump back to higher, pre-Ukraine war levels

The average on the 30-year fixed is now around 4.25%, a full percentage point higher than it was one year ago.

Homebuyers jump on lower mortgage rates

Lower mortgage rates brought homebuyers back into the market.

Brief drop in mortgage rates sparks mini refinance boom

Borrowers rushed to take advantage of a brief drop in rates, but those rates are already on the rise again.

Mortgage rates drop amid Russia-Ukraine war

Concern among investors about the Russian invasion of Ukraine sent mortgage rates tumbling this week, according to Freddie Mac. However, the Fed still plans to raise rates in March.

Conflict in Ukraine pushes mortgage rates lower

Russia's invasion of Ukraine helped send mortgage rates lower last week. This is the second week in a row rates have fallen, reversing weeks of increases that pushed rates close to 4%.

Today's 30-year mortgage rates freefall to lowest level in three weeks | March 2, 2022

Check out the mortgage rates for March 2, 2022, which are trending down from yesterday.

Mortgage rates plunge just as home prices set another record

Mortgage rates are sinking, and that means home prices are likely to continue surging.

30-year mortgage rates plunge to two-week low | March 1, 2022

Check out the mortgage rates for March 1, 2022, which are trending down from yesterday.

Mortgage rates fall as rising inflation creates consumer doubts

Mortgage rates dropped for the first time in weeks, holding below 4%, according to Freddie Mac.

Mortgage rates take a break, falling for the first time in weeks

After three weeks of increases that pushed mortgage rates close to 4%, there was a little relief last week.

Mortgage rates fall amid geopolitical uncertainty. How the Russia-Ukraine crisis could impact home buyers --- and interest rates

Interest rates have slid in the face of Russia’s invasion of neighboring Ukraine, but surging gas prices could compel the Federal Reserve to hike rates faster

Is 4% the “Magic Number” for Mortgage Rates to Prick the Housing Market (and Stocks)?

The Magic Number in 2018 was around 4.8%. In 2006, it was around 6%. But with today’s super-inflated home prices? Here are the signs.

Rising mortgage rates, skyrocketing rents pushing more homeowners to move

A record number of homebuyers across the U.S. are looking to relocate, a trend that's likely to increase in 2022 as mortgage rates climb and rent prices skyrocket, according to Redfin.

Home prices increase at fastest rate in 34 years in December, but rising mortgage rates remain a threat

Economists expect that the pace of home-price growth will slow in the face of rising interest rates

Mortgage Rates Will Rain on This House Party

Housing indicators suggests strong demand and tight supply, but higher mortgage rates are likely to start showing in the data

Home mortgage rates climb to near 4%

The latest data from Freddie Mac shows 30-year fixed-rate mortgages approaching 4% as rates continue to climb

Mortgage rates for Feb. 17

Inflation has pushed the 30-year fixed-rate average, the most popular home loan product, close to 4 percent.

Mortgage rates unlikely to reach 4% in 2022, but 'within the realm of possibility,' expert says

Mortgage rate are on the rise, and one expert says they are unlikely to reach 4% this year.

Mortgage Rates Hit 4.02%. Two-Year Yield Spikes by Most since 2009. Ten-Year Yield Goes over 2%. All Heck Breaks Loose

Yields and rate-hike expectations spike. A rate hike now?

Mortgage rates hit 4.02%

Diana Olick reports mortgage rates for 'The Exchange.' For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subsc...

Mortgage Rates Hit 4.0% For First Time Since May 2019

There are many different ways to track mortgage rates and several different sources quoted in the news.  For decades, the most prevalently-quoted source has been Freddie Mac's weekly primary mortgage market survey.  It consists of a questionnaire sent out to …

Mortgage rates jump again, rising to a level not seen since early 2020

Mortgage rates increased again, rising to a level not seen since before the pandemic.

Mortgage rates climb even as loan size hits another record

Mortgage rates continue to climb, putting a dent in the demand for mortgage applications.

Mortgage Rates Leap Toward 4.0%, Highest Since October 2019

Rates have been trending higher in fits and starts since August 2020, but the mortgage market was insulated from much of the pain due to its disconnect from Treasuries in 2020 (they typically correlate very well). 2021 saw the correlation return despite a f…

Mortgage Rates Remain Exceptionally Stubborn Ahead of Fed

It's a tale as old as time for those who closely follow the day to day gyrations in the mortgage market.  Bond volatility forces lenders to raise rates fairly quickly.  Lenders then wait for market gains AND stability before adjusting rates back toward prev…

Today's mortgage rates stick at money-saving levels across all terms | Jan. 25, 2022

Check out the mortgage rates for Jan. 25, 2022, which are unchanged from yesterday.

Mortgage rates hit 22-month high — here's how you can get a low rate

Mortgage interest rates bottomed out in Jan. 2021. However, they've steadily risen in the past 12 months. Here's how you can secure a low rate for a home loan.

Expected Fed rate hike pushes mortgage rates higher as inflation surges

Mortgage interest rates increased once again, driven higher as the Fed prepares to hike interest rates to combat inflation.

Mortgage rates for Jan. 20

The 30-year fixed-rate average climbed to 3.56 percent this week, its highest level since March 2020.

Today's mortgage rates pause at money-saving levels | Jan. 20, 2022

Check out the mortgage rates for Jan. 20, 2022, which are unchanged from yesterday.

Rapid rise in mortgage rates startles homebuyers; blame inflation fears

Homeowners continue to refinance to take cash out of homes as interest rates climb, according to United Wholesale Mortgage.

Mortgage rates rise to prepare for Fed rate hikes

In the second week of January, the 30-year mortgage rate rose to the highest point since March 2020 in preparation for the Fed to raise rates during this quarter.

Mortgage rates jump again, causing headaches for homebuyers

Mortgage rates just hit the highest level since April 2020 and seem to have nowhere to go but up.

Today's mortgage rates: 30-year rates hold steady for third day | Jan. 18, 2022

Check out the mortgage rates for Jan. 18, 2022, which are trending up from last Friday.

Mortgage rates surge to levels not seen since the early days of the pandemic

Homebuyers rush to take out loans before rates go even higher.

Bad news for home buyers: Mortgage rates have soared to their highest levels since March 2020

Investors are pulling interest rates higher, which threatens to push would-be buyers out of the housing market

Mortgage rates are highest since March 2020

In the second big jump of 2022, mortgage rates again rose again last week, rising to a new highs not seen since the start of the pandemic.

Mortgage Rates Jump to Highest Level Since March 2020

Higher borrowing costs, combined with record-high prices, could push some buyers out of the market

Today's 30-year mortgage rates tumble below 3.5% | Jan. 12, 2022

Check out the mortgage rates for Jan. 12, 2022, which are trending up from yesterday.

Fear of even higher mortgage rates may be heating up winter homebuying

Rates have started this year sharply higher, and that may have potential buyers rushing in more quickly, afraid that rates will go even higher.

Mortgage rates spike: Buyers may want to act ahead of further increases | Jan. 11, 2022

Check out the mortgage rates for Jan. 11, 2022, which are trending up from yesterday.

Mortgage rates just jumped again. Here's what that means if you're buying a home

Mortgage rates continue to move higher, putting pressure on buyers facing an already pricey housing market.

Today's 10-year mortgage rates plunge to 3-day low | Jan. 10, 2022

Check out the mortgage rates for Jan. 10, 2022, which are mixed from last Friday.

Is it too late to refinance? With mortgage rates on the rise, here are your options

Many Americans are house-rich. Here are the best ways to tap your home for cash before rates head much higher.

Treasury Yields & Mortgage Rates Spike: Markets Begin to Grapple with Quantitative Tightening

This is now moving fast.

Mortgage rates hit 3.5% and could go higher

CNBC's Diana Olick joins 'Closing Bell' to report on the impact of rising interest rates on the housing market. For access to live and exclusive video from C...

30-year mortgage rates hold steady for second straight day | Jan. 7, 2022

Check out the mortgage rates for Jan. 7, 2022, which are largely up from yesterday.

Mortgage Rates Surge. Why It's Just the Beginning.

As rates rise in 2022, economists expect home prices to continue to grow, though at a slower pace than in 2021.

Mortgage Rates Hit Highest Levels Since Spring 2020

Increase in cost comes after ultralow rates have fueled boom in home sales and prices

Mortgage rates just climbed past 2021 levels

Mortgage rates started off 2022 with a bang, as the average rate moved higher than at any point last year.

Today's mortgage rates slip lower for 30- and 20-year terms | Jan. 5, 2022

Check out the mortgage rates for Jan. 5, 2022, which are a mixed bag compared to yesterday.

Mortgage rates hit 9-month high, and loan demand drops further

Mortgage rates moved significantly higher over the holidays, and that caused mortgage demand to drop.

Today's mortgage rates surge: Buyers should act ahead of further increases | Jan. 4, 2022

Check out the mortgage rates for Jan. 4, 2022, which are trending up from yesterday.

New year, new low rates: 30-year mortgage rates slide, other rates hold | Jan. 3, 2022

Check out the mortgage rates for Jan. 3, 2022, which are largely unchanged from last week

What I See for 2022: Interest Rates, Mortgage Rates, Real Estate, Stocks & Other Assets as Central Banks Face Raging Inflation

An extra-special cocktail of three powerful ingredients with no cherry on top awaits us in 2022.

Mortgage rates dip, refinancing pops — but new warning says rates will rise

Homeowners are being reminded they're not likely to get many more opportunities.

Mortgage rates fall to a four-week low, but homebuyers still pull back due to record low listings

Mortgage rates fell to a four-week low, but the tight supply of homes for sale, as well as high prices, caused a drop in loan demand from homebuyers.

Still time to save: 30-year mortgage rates dip | Dec. 20, 2021

Check out the mortgage rates for Dec. 20, 2021, which are mixed from last Friday.

30-year mortgage rates rise as Federal Reserve prepares 2022 rate hikes

Mortgage rates are up slightly but could see much more growth as the Federal Reserve prepares to raise rates. Here's how homeowners can benefit now.

Today's 10-year mortgage rates nosedive to lowest level in 28 days | Dec. 17, 2021

Check out the mortgage rates for Dec. 17, 2021, which are a mixed bag from yesterday.

Higher mortgage rates are coming. What could it mean for homebuyers?

The Fed's new policy of faster interest rate hikes will have far-reaching consequences for home prices and affordability.

30-year mortgage rates sit just above 3% for 7th straight day | Dec. 16, 2021

Check out the mortgage rates for Dec. 16, 2021, which are unchanged from yesterday.

Today's mortgage rates stay steady and low — but for how much longer? | Dec. 14, 2021

Check out the mortgage rates for Dec. 14, 2021, which are largely unchanged from yesterday.

Mortgage rates dip for the first time in a month boosting applications

Brief drop in mortgage rates causes sudden surge in refinancing

Volatile mortgage rates opened the door for a brief spike in refinance demand.

Monday freefall: Mortgage rates dip for three key terms | Dec. 6, 2021

Check out the mortgage rates for Dec. 6, 2021, which are largely down from last Friday.

Today's mortgage rates rise: Is the savings window closing? | Dec. 3, 2021

Check out the mortgage rates for Dec. 3, 2021, which are trending up from yesterday.

Today's 30-year mortgage rates nosedive to lowest level in 16 days | Dec. 2, 2021

Check out the mortgage rates for Dec. 2, 2021, which are trending down from yesterday.

Savings window still open: Today's mortgage rates notch second day at money-saving lows | Dec. 1, 2021

Check out the mortgage rates for Dec. 1, 2021, which are unchanged from yesterday.

Today's mortgage rates: 20-year rates free fall to lowest level in 7 days | Nov. 30, 2021

Check out the mortgage rates for Nov. 30, 2021, which are trending down from yesterday.

Pending home sales rebound on fast-rising rents, mortgage rates

According to the National Association of Realtors, pending home sales, which are based on contract signings, rose 7.5% to 125.2 but are down 1.4% year-over-year. An index of 100 is equal to the level of contract activity in 2001, the first year to be examined.

Pending home sales rebounded sharply in October, despite rising mortgage rates

Signed contracts on existing homes, so-called pending sales, jumped 7.5% from September, according to the National Association of Realtors.

Today's best mortgage bargain? 10-year mortgage rates dip | Nov. 29, 2021

Check out the mortgage rates for Nov. 29, 2021, which are mostly unchanged from last Friday.

Movement in the middle: Longer, shorter mortgage rates hold steady | Nov. 24, 2021

Check out the mortgage rates for Nov. 24, 2021, which are a mixed bag compared to yesterday.

Steady savings: Today's mortgage rates hold for 3 key terms | Nov. 23, 2021

Check out the mortgage rates for Nov. 23, 2021, which are largely unchanged from yesterday.

Reason to give thanks: Today's mortgage rates hold at bargain lows | Nov. 22, 2021

Check out the mortgage rates for Nov. 22, 2021, which are mostly unchanged from Friday.

Flat mortgage rates give buyers another day to lock in a bargain | Nov. 18, 2021

Check out the mortgage rates for Nov. 18, 2021, which are unchanged from yesterday.

Homeowners say 'no thanks' to refinance savings — despite cheap mortgage rates

Demand for refis is falling as homeowners make a risky bet.

Mortgage Rates Are Actually Much Higher This Week

Several sources for mortgage rate data are doing consumers a major disservice this week. At least two of them are claiming that the average top tier 30yr fixed rate is still under 3.00%. It's not. One disclaimer right up front: different companies have differ…

Still time to save: Today's mortgage rates hold at healthy lows | Nov. 12, 2021

Check out the mortgage rates for Nov. 12, 2021, which are unchanged from yesterday.

Today's mortgage rates: 30-year rates tumble back to bargain low | Nov. 10, 2021

Check out the mortgage rates for Nov. 10, 2021, which are largely unchanged from yesterday.

Borrowers rush to refinance, as mortgage rates drop for a second week

Mortgage rates are now at the lowest level in nearly two months, and refinance demand is coming back.

Mortgage rates drop for the first time in weeks, and sub-3% refinances are common

But signs are pointing to higher rates in the very near future.

Mortgage rates fall for first time in weeks, Freddie Mac data shows

Mortgage interest rates have been rising the past several weeks, but decreased this week. However, economists say these dip is temporary. Here's how homeowners can take advantage now.

30-year mortgage rates edge up, but still below 3% for 6th straight day | Nov. 4, 2021

Check out the mortgage rates for Nov. 4, 2021, which are trending up from yesterday.

Mortgage rates rising amid uptick in US economic confidence: Freddie Mac

Mortgage rates are on the rise as Americans grow more optimistic about the economy and COVID-19 cases decrease. But homeowners can still capitalize on low rates.

Today's 10-year mortgage rates drop back to near-record low | Nov. 3, 2021

Check out the mortgage rates for Nov. 3, 2021, which are trending down from yesterday.

Mortgage rates fell slightly, but weekly refinance demand couldn't recover

A slight reprieve from rising mortgage rates did nothing to invigorate mortgage demand last week.

Today's mortgage rates: 30-year rates linger below 3% for 4th consecutive day | Nov. 2, 2021

Check out the mortgage rates for Nov. 2, 2021, which are trending up from yesterday.

High home prices could drop in November as mortgage rates increase, economist says

An economist at Realtor.com forecasts that home price growth will slow in the final months of 2021, but that interest rates will continue to rise. Here's what that means for homeowners and homebuyers.

Still time to snag a low rate: Today's mortgage rates fall for 3 terms | Nov. 1, 2021

Check out the mortgage rates for Nov. 1, 2021, which are trending down from last Friday.

U.S Mortgage Rates Rise for a 3rd Consecutive Week

Mortgage rates rose once more, with any further upside now in the hands of the FED that delivers its monetary policy decision on Wednesday.

Mortgage rates reach 8-month high: Should homebuyers be worried?

Today's mortgage rates are higher than over the summer. But it's important to recognize that historically, they're still quite low.

Mortgage rates tick up, but 30-year terms still holding below 3% | Oct. 29, 2021

Check out the mortgage rates for Oct. 29, 2021, which are mostly up from yesterday.

Pending home sales fell unexpectedly in September, likely due to higher mortgage rates

Pending home sales fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors.

Today's mortgage rates open week with a drop in longer terms | Oct. 25, 2021

Check out the mortgage rates for Oct. 25, 2021, which are mixed from last Friday.

U.S Mortgage Rates Rise Again. The Upward Trend Looks Set to Continue…

Mortgage rates were on the rise once more, weighing on demand amidst labor and material shortages. Economic data in the week ahead may not be enough to ease ...

30-year mortgage rates surge to highest level in a year: Act now ahead of further increases | Oct. 22, 2021

Check out the mortgage rates for Oct. 22, 2021, which are trending up from yesterday.

Sales of existing homes rose in September, likely due to a brief decline in mortgage rates

Sales of existing homes rose 7% last month, likely driven by a brief decline in mortgage rates.

Mortgage rates rise, refinance demand drops

Diana Olick joins The Exchange with news about refinancing and the housing market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: ht...

U.S. mortgage rates surge to 6-month high -MBA

The contract rate on a 30-year fixed rate mortgage climbed to 3.23% in the week ended Oct. 15 from 3.18% the week before, the Mortgage Bankers Association...

20-year mortgage rates mark 10th day at bargain low | Oct. 19, 2021

Check out the mortgage rates for Oct. 19, 2021, which are unchanged from yesterday.

Today's mortgage rates fall for longest and shortest terms | Oct. 18, 2021

Check out the mortgage rates for Oct. 18, 2021, which are a mixed bag from last Friday.

Rising mortgage rates shift lenders’ focus to home buyers

Mortgage lenders are refocusing on home buyers to drum up business during a slowdown in refinancing. The shift means home buyers are better positioned to negotiate a lower interest rate.

Rising Mortgage Rates Shift Lenders' Focus to Home Buyers

The 30-year mortgage is above 3% again, reducing the number of people looking to save money by refinancing

Mortgage rates are going up again

The days of ultra-cheap mortgages could be numbered, as rates rose back above the 3% mark last week.

30-year mortgage rates crawl back below 3% for first time this week | Oct. 14, 2021

Check out the mortgage rates for Oct. 14, 2021, which are trending down for two terms from yesterday.

3 key mortgage rates hold the line, 1 edges up: Act now for savings | Oct. 13, 2021

Check out the mortgage rates for Oct. 13, 2021, which are largely unchanged from yesterday.

Still time to save: Today’s mortgage rates stick at money-saving lows | Oct. 12, 2021

Check out the mortgage rates for Oct. 12, 2021, which are unchanged from yesterday.

30-year mortgage rates hit 6-month high: Look to shorter terms for a deal | Oct. 11, 2021

Check out the mortgage rates for Oct. 11, 2021, which are a mixed bag from last Friday.

Mortgage rates dip below 3% and give homeowners a new shot at a cheap refinance

Average rates have fallen below a key threshold again.

Still time to score a deal: Today's mortgage rates rest for three terms | Oct. 8, 2021

Check out the mortgage rates for Oct. 8, 2021, which are largely unchanged from yesterday.

Monthly mortgage rates rising along with interest rates

The rate for a 30-year loan is hovering at 3% while the rate for a 15-year loan, a popular option for homeowners refinancing their mortgages, is sitting at about 2.33%.

As mortgage rates shoot even higher, refinance demand plummets 10%

A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.

Today's mortgage rates plummet back down to bargain-low territory | Oct. 4, 2021

Check out the mortgage rates for Oct. 4, 2021, which are down from last Friday.

Mortgage rates spike above 3% and make refinancing more urgent for homeowners

Experts say the end of historically low refinance rates could be near.

Mortgage rates rise over 3% for first time since June: Freddie Mac data

Interest rates for a 30-year mortgage rose above 3% for the first time since June after their largest single-week increase since February. But many homeowners can still benefit from a mortgage refinance.

Mortgage Rates Rose Dramatically This Week. The Days of 2% Rates Could Be Over.

Weekly rates posted their greatest increase since February, and they might not be headed back down any time soon.

Mortgage rates top 3% for first time since June

The rate on the 30-year fixed mortgage — the most common home loan for homebuyers — increased to 3.01% this week, up from 2.88% last week.

Mortgage rates jump above 3%, creating pressure for home buyers

As expected, mortgage rates have risen after the Federal Reserve signaled that it plans to begin reducing the support it’s been providing to the U.S. economy