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% 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 have climbed above 7%. Here's how we got here and what it means
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability challenges many Americans are facing.
Mortgage Rates Surpass 7 Percent Mark
Mortgage rates, or interest rates on home loans, increased for a fifth consecutive week and breached the 7 percent mark, according to
Mortgage Rates Today: January 15, 2025—Rates Move Up
Currently, the average interest rate on a 30-year fixed mortgage is 7.49%, compared to 7.34% a week ago, according to Curinos. For borrowers who want to pay off their home faster, the average rate on a 15-year fixed mortgage is 6.
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.
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Rate on 30-year mortgage slips past 7%. Here’s what that does to your buying power.
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 months
What Happens When Your House Burns Down and You Still Have a Mortgage?
Another potential option is to add the missed payments to the end of the loan, meaning they get repaid after the rest of the ...
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.
4 reasons to get preapproved for a mortgage loan this January
With only two additional Fed rate cuts predicted for 2025, mortgage rates aren't likely to fall much more this year. And, if ...
Hoping to sell your house in 2025? Here's what to expect.
If you are wondering whether 2025 will finally be your year to sell, there are a handful of circumstances to consider that ...
Taking over a loved one’s mortgage after a life change can be challenging. Here’s why
When a family member dies, loved ones can become unexpected homeowners. If the inherited house was owned free and clear, with ...
What You Need To Know If You’re Buying a House in 2025: Factors That Will Influence What You Pay
Home buyers can expect lower mortgage rates and the possibility of more homes for sale, but it doesn’t mean home prices will ...
House prices fell for the first time in nine months - but lenders warn it won’t last
House prices fell for the first time in nine months in December, paving the way for a stampede of first home buyers ahead of ...