U.S. mortgage rates continue to ascend
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.44% for the week ending Oct. 17 — up from 6.32% last week.
Mortgage Rates Rise to 6.44%, Yet 'Buyers May Be Feeling Ready To Act'
Most outstanding mortgages have a 6% or lower rate, which creates a " lock-in effect " for many current owners who don't want to swap a low rate for a higher one. This could limit homeowners’ willingness to sell, slowing or stalling the housing market.
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
High mortgage rates dampen home sales, decrease demand from first-time buyers
Mortgage rates continued to approach 8% this week, further impacting affordability, according to Sam Khater, Freddie Mac’s Chief Economist.
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.
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30-Year Mortgage Rates Inch Lower
Rates on 30-year mortgages have wavered in a narrow range for more than a week, well above last month's sub-6% low. Rates for ...