After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most ...

The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...

The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.

After a brief pause Tuesday, the flagship mortgage average resumed its recent upward trend Wednesday. Most other loan types tacked on points as well.

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage ...

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 ...

Thus, I’m forecasting that, based on the 6.85% rate at year-end 2024, mortgages will run between 7.55% and 6.15% in 2025.

Mortgage rates jumped to a six-month high of 6.93%, up from 6.91% last week, for the average 30-year fixed home loan for the ...

The Wall Street Journal's Sam Goldfarb shows in charts what went wrong. The Fed Cut Rates. Mortgage Costs Went Up. Average 30-year mortgages have climbed to around 6.7% since the Fed started ...

Most of the eight forecasts call for the average rate on a 30-year mortgage to remain above 6 ... The average rate is still below its historical average of 7% going back to 1971.

The 30-year fixed mortgages in this week’s survey had an average total of 0.29 discount and origination points. Discount points are a way for you to reduce your mortgage rate, while origination ...