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 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 rise past a key mark, signaling bad news for home buyers
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.
‘Bad news’ for homebuyers: Mortgage rates hit 8-month high
The interest rate on average fixed-rate 30-year home loan is more than 7%, the first time mortgage rates have been that high since May
Home Builders Say Cancellations Are Climbing As Mortgage Rates Continue To Rise
Home builders say cancellations are increasing because of rising mortgage rates even as their confidence in the market rose slightly over the past month, according to a new survey. The average 30-year fixed-rate mortgage surpassed 7%,
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.
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 ...
Here’s how L.A. homeowners impacted by the wildfires can request mortgage relief
Chase and Bank of America have both announced avenues where homeowners impacted by the California wildfires can request ...
HousingWire1d
Mortgage applications for new homes are 9% higher than a year ago
MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.
Average rate on 30-year mortgage hits 7% after 5th straight increase, now highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...
National Mortgage News1d
WaFd is the latest bank to exit mortgage lending
Commoditization of mortgages, plus technology that eases the refinance process and the regulatory environment, all ...
Can You Get a Mortgage In Retirement? And Should You?
With interest rates still stubbornly high and home prices elevated, here’s how a retiree living on a fixed income can land a ...
How bankruptcy affects your mortgage
Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications ...