The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, ...
The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
MCLEAN, Va., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage ...
Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.