Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate ...
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...