Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.

The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's ...

Mortgage rates surged after the credit-rating agency Moody’s downgraded U.S. debt. Moody’s cut the U.S.’s sovereign credit rating from AAA to Aa1. It was the last of the major credit-rating ...

The average interest rate for a 30-year mortgage jumped back above the 7% threshold on ... activity tends to pick up when mortgage rates drift below 6.7%, Nadia Evangelou, senior economist and ...

Year over year, the MBA refinance index was up 111% while the purchase index was only up 7% ... mortgage rates. In a competitive housing market with high demand, mortgage rates may rise, while ...

Mortgage rates increased for the first time since last month, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the ...

Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence ... to exit a mortgage when interest rates rise. Meanwhile, U.S. borrowers are stuck with ...

Rates in the high 6% range seem to be suppressing demand for homes. Applications for mortgages have slumped in each of the past two weeks, according to data from the Mortgage Bankers Association.

After hitting a peak of 7.04% in January ... the 30-year mortgage rate to average around this rate by the end of 2025, and just above 6% by the end of 2026.” NAR: Mortgage rates will average ...