The average new 30-year fixed-rate mortgage cost 6.93% this week, Freddie Mac said Thursday. That is the most expensive since July. Mortgage rates have been stuck firmly above 6% since late 2022, ...
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, ...
Rates on 30-year fixed rate loans rose to 6.93% from 6.91% last week. Rates on 15-year mortgages ticked up to 6.14%.
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
Mortgage rates rose for a fourth straight week. The average interest rate for 30-year loans was 6.93%, up from 6.91% last week, Freddie Mac said in a statement Thursday. The 15-year rate, popular with ...
The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% ...
If you're among the millions of Americans who locked in a mortgage interest rate above 7%, you may have a chance to reduce ...