Mortgage rates hit highest level since November after hot inflation report

The average 30-year fixed mortgage rate hit 7.29 percent Wednesday, the highest reading since November, according to Mortgage News Daily. The spike followed the release of new consumer price index ... Read More

Average long-term US mortgage rate climbs for fourth straight week to highest level since November

The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the ... Read More

Mortgage Rates Near Highest Levels Since February

Mortgage rates ... causing big reactions in rates: the Consumer Price Index (CPI) on Wednesday morning. With the average lender already near the highest levels since February, a bad reaction ... Read More

Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March

it’s highest level since November. How the bond market reacts to the Fed’s interest rate policy, the moves in the 10-year Treasury yield, as well as other factors can influence mortgage rates. Read More

Mortgage rates hit highest level since November after hot inflation report

Mortgage rates jumped to their highest reading since November as the timeline for highly anticipated interest rate cuts stretches deeper into 2024. The average 30-year fixed mortgage rate hit 7.29 ... Read More