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The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's ...
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Mortgage rates surged after the credit-rating agency Moody’s downgraded U.S. debt. Moody’s cut the U.S.’s sovereign credit rating from AAA to Aa1. It was the last of the major credit-rating ...
(RTTNews) - Mortgage rates, or interest rates on home loans, rose from last week, but continues to stay below 7%, according to mortgage provider Freddie Mac (FMCC.OB). "The 30-year fixed-rate ...
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...
After hitting a peak of ... rate mortgage sits at 6.62%. While it will not be smooth, NAHB anticipates the 30-year mortgage rate to average around this rate by the end of 2025, and just above ...
Year over year, the MBA refinance index was up 111% while the purchase index was only up 7% ... mortgage rates. In a competitive housing market with high demand, mortgage rates may rise, while ...
The average rate on a 30-year loan was 7.02% a year ago. "The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week," said Sam Khater, Freddie Mac’s chief ...
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...
That pushed the 30-year fixed-rate mortgage up 12 basis points to 7.04%, according to Mortgage News Daily. Moody's (MCO) cited an increase in government debt and interest-payment ratios that were ...