Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
Weekly Mortgage Rates Ebb, but Rates Unlikely to Plunge in 2025
Mortgage interest rates pulled back a little this week, but it was hardly enough to erase the past three weeks' gains. The week ending Jan. 9, the average rate on the 30-year fixed-rate mortgage fell four basis points to 6.93%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point.
Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
Mortgage rates jump again, approaching 7% barrier
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data released this week pointed to stickier inflation and more job openings.
Mortgage Rates Rise Again, to 6.93%—but Economists Predict Housing Market Conditions Will Improve
Mortgage rates jumped to a six-month high of 6.93%, up from 6.91% last week, for the average 30-year fixed home loan for the week ending Jan. 9, according to Freddie
Today's Mortgage Rates | Rates Up, but There's Still Hope for Borrowers
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
Mortgage Rates Today: January 8, 2025—Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 7.34%, compared to 7.29% a week earlier, according to ...
30-Year Mortgage Rates March in Place for Third Day
For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was ...
Mortgage rates hit six-month high
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
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Here’s where mortgage rates could be headed in 2025
The National Association of Realtors preditcs mortgage rates will be around 6% in 2025. Meanwhile, Redfin predicts mortgage ...
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Mortgage Rates Just a Hair Lower. Friday Could be Much More Volatile
Mortgage rates are driven by movement in the bond market and bonds were on a shortened schedule today due to the federal day ...
Mortgage rates rise for fourth straight week, inching closer to 7%
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains ...
U.S. Mortgage Rates Climb to Highest Since July
U.S. mortgage rates are back at their highest level since last summer, frustrating homebuyers waiting for a break from some ...