U.S. mortgage interest rates top 6% for first time since 2008

Sun, 25 Feb 2024 02:15:16 GMT (Reuters) - The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 ... acts as a benchmark for mortgage rates. Read More

Mortgage rates are now at the highest level of the year and could still climb

Even with rates higher, however, mortgage applications to purchase homes rose 5% last week compared with the previous week. Read More

Mortgage Rates Dip Below 5% For The First Time Since April

I cover the intersection of real estate, mortgages and the economy. The average rate for the most popular type of mortgage in the U.S. fell below 5% for the first time in four months, capping the ... Read More

Average two-year fixed-rate mortgage hits 6% for first time since 2008

The average two-year fixed-rate mortgage on the market has breached 6% for the first time since 2008. The last time the average two-year fixed-rate home loan was 6% or more was in November 2008 ... Read More

Mortgage rates drop under 7% for the first time since August

The 30-year fixed-rate mortgage rate fell to an average of 6.95% in the week ... received welcome news this week as mortgage rates dropped below 7% for the first time since August,” Sam Khater, ... Read More

Mortgage rates top 7% for the first time this year, Freddie Mac says

U.S. mortgage rates increased by the most since June and also crossed the 7% threshold for the first time since December, muddling home sales growth, a Thursday report said. The average rate on a ... Read More

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. Read More

Mortgage rates hit highest level since November, pushing monthly payment for a typical home close to $3,000

Mortgage rates went up for the third week in a row, rising to their highest level since November 2023. The 30-year fixed-rate mortgage averaged 7.1% as of April 18, according to data released by ... Read More

Mortgage rates level off below 7%

Mortgage rates didn’t fall, but at least they didn’t go up. As of Wednesday, the average rate on the 30-year fixed-rate mortgage was ... a consumer news reporter for ConsumerAffairs since ... Read More

Mortgage Rates Surge Further Past 7%

Mortgage rates rose again ... under control through a series of aggressive benchmark rate hikes. In this month's newly released inflation report, consumer prices rose at a 7.7% annual pace in ... Read More

Current mortgage rates 2024

Lenders base mortgage ... The first thing you should do before shopping for rates is check your credit score. Experts advise improving your credit score as much as possible beforehand since ... Read More

Will mortgage rates fall this spring? Here's what the experts think

Mortgage rates fell to low levels during the pandemic, dropping below 3% as real estate prices soared. But subsequent issues with inflation ultimately caused the Federal Reserve to raise its ... Read More