Mortgage rates hit 6-month high

Mortgage rates climb for 4th straight week — to the highest level in 6 months
The average long-term US mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac.
Mortgage rates hit 6-month high, loan applications dwindle
“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First American, which predicts the average rate on a 30-year mortgage will range between 6% and 6.5% next year, per a report from The Hill.
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's just 4 basis points under the 7.19% reading notched on Dec. 24, which was the most expensive level for 30-year refi rates since late July.
Mortgage rates hit highest level since June
Since the Fed's first cut in September, the average 30-year fixed mortgage rate has gone up nearly a full percentage point. The things we accumulate are meant to be used... and the people in our lives are meant to be valued Take a look at the Official Trailer for Sony Future Immersive Entertainment Concept unveiled at CES 2025.
Mortgage Applications Fall as 30-Year Conforming Loan Rate Hits Highest Since July, MBA Data Show
Mortgage applications in the US dropped last week as the 30-year fixed rate for conforming loan balances reached the highest level since July, the Mortgage Bankers Association said Wednesday. The market composite index,
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