US 30-year fixed mortgage rates climbed past the 7% mark to reach 7.02%, according to Zillow data, with 5/1 ARMs jumping to 7.33%. Elevated borrowing costs are forecasted to persist through 2026 and …
Mortgage rates have generally increased, with the benchmark 30-year fixed rate rising to 6.55%. This upward trend in borrowing costs is forecasted to persist through the end of 2026.
US existing home sales fell 1.7% in July amid record-high prices and 6.69% mortgage rates, signaling continued housing market weakness and potential economic slowdown pressures.
US existing home sales fell 1.7% in July to 4.06M units, a second straight monthly decline, as high mortgage rates (6.69%) and tight supply weigh on the housing market despite modest year-over-year p…
Fed's Schmid signals inflation remains too high, hinting at further rate hikes. Mortgage rates hit 6.69%, Treasury yields rise, reinforcing a hawkish USD outlook and pressuring equities and gold in t…
Mortgage rates climbed to 6.69%, highest in over a year, as elevated bond yields reflect inflation concerns and Fed policy uncertainty. Geopolitical progress offered slight relief, but the rate backd…
Mortgage rates rose to 6.66% (30-year), breaking a one-year high, as 10-year Treasury yields climbed to 4.67%. Fed holds rates steady under new chair Kevin Warsh; markets expect a September hike, lim…
Mortgage rates hit a one-year high as Iran conflict escalation and hawkish Fed signals push Treasury yields sharply higher, with the 10-year yield reaching 4.67% and 30-year yield at nearly two-decad…
US mortgage rates ticked higher this week, with 30-year fixed rates rising to 6.696%, signaling persistent elevated borrowing costs and reflecting broader rate expectations that could pressure equiti…
US pending home sales fell 1.3% as mortgage rates hit an 11-month high of 6.55%. Iran war resurgence and rising oil prices are pressuring buyers, while housing supply remains tight, favoring negotiat…