-- The yield on the 30-year Treasury BX:TMUBMUSD30Y rose 2.1 basis points to 4.836%, from 4.815% on Friday. Monday's closing level was the highest since Nov. 1, 2023.
See average mortgage rates today and learn about what influences rates, how they compare to previous years, and what ...
Friday, continuing a yo-yo pattern a bit below their recent 5-month high. Other refinance loan types meanwhile saw mixed rate movement.
The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% and also the highest since July. It was at 5.89% a year ago.
Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year.
While the Fed cut its policy rates by a full percentage point, long-term yields have risen by a full percentage point.
Many economists forecast the average rate on a 30-year mortgage to remain above 6% next year, with some pegging it as high as ...
After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed ...
WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. rose for the third straight week to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use ...
The Wall Street Journal's Sam Goldfarb shows in charts what went wrong. The Fed Cut Rates. Mortgage Costs Went Up. Average 30-year mortgages have climbed to around 6.7% since the Fed started ...
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
Mortgage rates rose this week in the run-up to the Federal Reserve’s latest interest rate cut. The average 30-year mortgage rate was 6.72% in the week through Wednesday, compared with 6.6% a ...