Consumer price index Freddie Mac

Mortgage rates climb above 7% for 1st time in 8 months

Mortgage rates climb above 7% to highest level since May

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.

The New York Times · 2d

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.

Hosted on MSN · 2d

Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers

The interest rate on 30-year mortgages rose last week to an eight-month high, extending an upward trend that’s squeezing would-be homebuyers already facing rising house prices and limited supply. The average rate on the most popular home loan reached 7.

MarketWatch on MSN · 2d

Mortgage rates climb above 7% for the first time in 8 months

The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.

Investopedia · 1d

Mortgages Rates See Large Two-Day Drop

After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.

National Mortgage News2d

Mortgage rates break through 7% ceiling, Freddie Mac said

The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury ...

ConsumerAffairs3d

Mortgage rates top 7% once again

With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...

Nasdaq1mon

Freddie Mac Multifamily Apartment Investment Market Index Continues Rise in Third Quarter of 2024, Increasing Nationwide and in all Markets

Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB ... rental income growth, property price growth and mortgage rates to provide a single Index that measures multifamily market ...

Orange County Register on MSN12d

Why falling mortgage rates can signal bad news

Let’s divide 49 years of data into two, using the 30-year fixed mortgage rate tracked by Freddie Mac. The benchmark rate ...

nationalmortgageprofessional.com9d

Freddie Mac: 30-Year Fixed-Rate Mortgage Creeps Toward 7%

As of Jan. 9, the national average 30-year fixed-rate mortgage (FRM) was 6.93%, inching closer to 7%, according to Freddie ...

Nigerian Tribune1d

US: Mortgage rates climb above 7%, highest level since May 2024

Mortgage rates in the United States have surpassed the 7% mark, reaching their highest level since May 2024. According to ...

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