If you click on links we provide, we may receive compensation. The upward climb in mortgage rates continues, with the 30-year average tacking on a few more points Monday to reach 7.13%—the most ...
For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage ...
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields.
UK government bond yields surged to their highest level in years and the pound hit a 14-month low against the dollar as ...
Demand for mortgage applications has plummeted since its pandemic peak, and not even new Fed cuts are reassuring homebuyers.
Mortgage rates continue to climb, jumping Friday to end the week at a new 7-month high. Rates rose for almost every other new purchase loan type as well.
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says ...
The Australian dollar has been under pressure after dropping below 62 US cents for the first time in more than two years.
Thursday’s rise had lifted shares in FTSE 100 heavyweights BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL), aiding the ...
The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to ...
This week, the housing market saw its highest 30-year mortgage rate since July at 6.85%, according to data from Freddie Mac, or the Federal Home Loan Mortgage Corporation. That’s up from last ...
Borrowing costs on a 30-year home loan in the U.S. increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac said Thursday. Meanwhile, the rate of a 30-year mortgage ...