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Mortgage rates climb above 7% for 1st time in 8 months
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Mortgage rates climb above 7% for the first time in 8 months
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.
Mortgages Rates See Large Two-Day Drop
After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.
1d
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
ConsumerAffairs
5d
Mortgage rates top 7% once again
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
National Mortgage News
4d
Mortgage rates break through 7% ceiling, Freddie Mac said
The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury ...
Orange County Register on MSN
14d
Why falling mortgage rates can signal bad news
Let’s divide 49 years of data into two, using the 30-year fixed mortgage rate tracked by
Freddie
Mac
. The benchmark rate ...
GlobeSt.com
29d
Freddie Mac Apartment Index Continues Growth Trend
The
Freddie
Mac
Multifamily Apartment Investment Market
Index
(AIMI) continued its upward ... in the nation and in all markets, although the
price
drop was not as severe as during the second ...
nationalmortgageprofessional.com
11d
Freddie Mac: 30-Year Fixed-Rate Mortgage Creeps Toward 7%
As of Jan. 9, the national average 30-year fixed-rate mortgage (FRM) was 6.93%, inching closer to 7%, according to Freddie ...
3d
Inflation Rises for the Third Straight Month in Troubling Sign for Mortgage Rates
Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already ...
2d
on MSN
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...
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