If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Mortgage rates continue to rise
Average mortgage rates have increased for a sixth straight week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortga
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday.
Average rate on a 30-year mortgage in the US rises for 6th straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
30-year mortgage rate rises for 6th straight week
Bond yields also surged on expectations that President-elect Trump’s plans for higher tariffs, lower tax rates and lighter regulation could lead to growth, inflation and government debt.
Mortgage rates continue to inch up, applications fall
Mortgage rates continued to inch up, dragging mortgage applications down, according to the latest Freddie Mac Primary ...
Mortgage rates climb again, hurting demand further
Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market. Freddie Mac's latest Primary Mortgage Market Survey, ...
Mortgage rates rise again amid election volatility
according to Freddie Mac data. The average 15-year fixed-rate mortgage was essentially unchanged, to 6% from 5.99%. Mortgage rates typically mirror 10-year Treasury yields, which rose ...
Investopedia23h
Mortgage Rates Rise Again, Notching New 4-Month High
Although daily historical jumbo rates weren't published before 2009, it's estimated that the 8.14% peak we saw last fall ...
Money.com on MSN6h
Current Mortgage Rates: October 21 to November 1, 2024
Mortgage rates increased for the fifth consecutive week, averaging 6.72% for the week ending October 31, according to Freddie Mac. It’s the highest average for a 30-year fixed-rate loan since early ...
Business Insider10h
Mortgage Rates Continues To Rise
(RTTNews) - Mortgage rates, or interest rates on home loans, continue to rise, according to mortgage provider Freddie Mac (FMCC.OB). The 30-year FRM averaged 6.79 percent as of November 7, ...
UrbanTurf5h
Mortgage Rates Inch Closer To 7%
Long-term mortgage rates continued to get closer to 7% on Thursday. Today, Freddie Mac reported 6.79% as the average on a ...