Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury ...
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...
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 ...
The Freddie Mac Multifamily Apartment Investment Market Index (AIMI) continued its upward ... When combined with the decline in property prices, this improved conditions for investment in the ...
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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 fell ... When rates were down, the Consumer Price Index was rising 3% a year.
As of Jan. 9, the national average 30-year fixed-rate mortgage (FRM) was 6.93%, inching closer to 7%, according to Freddie ...