Since 2020, home prices have increased more than 40%. And while home price growth has since slowed, it's still up 5.1% on an ...

Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year ...

Axios Visuals The rate on the 30-year mortgage is hovering close to 7%, a nearly 6-month high, per data from Freddie Mac out Thursday. Why it matters: Higher rates are putting home buying out of reach ...

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 ...

"I think the best case scenario is we're going to continue to see mortgage rates hover around six and a half to 7%," said Jordan Jackson, a global market strategist at J.P. Morgan Asset Management.