Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. The uptick ...
Mortgage rates start 2025 near 7%, hitting highest level since July
Demand for mortgages in the final week of 2024 fell sharply, a combination of holiday market slowness and rates near 7%, according to the Mortgage Bankers Association.
U.S. mortgage rates approach 7% in ominous sign for housing market
High borrowing costs are weighing on affordability.
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ATTOM: Home affordability worsens in Q4
A fourth quarter home affordability report from ATTOM shows median-priced single-family homes and condos remain out of reach for many buyers. Read on to find out more.