Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.

The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's ...

Long-term mortgage rates rose this week, but remained below the 7% level for the 18th consecutive week, said the latest ...

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 ...

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 ...

ViewStock / Getty Images Rates on 30-year mortgages continue to yo-yo around the 7% mark, slipping slightly ... What Causes Mortgage Rates to Rise or Fall? Mortgage rates are determined by a ...

But back in October 2023, Freddie Mac's average saw a historic rise, surging to a 23-year peak of 7.79% ... How We Track Mortgage Rates The national and state averages cited above are provided ...

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 ...

Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence ... to exit a mortgage when interest rates rise. Meanwhile, U.S. borrowers are stuck with ...