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 ...

The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...

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 Aa1 to Aaa. It was the last of the major credit-rating firms ...

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 ...

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 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 ...

Even though 30-year mortgage rates receded since cresting above 7% in the early fall of 2022, they've now settled in the mid-6% range for the second half of 2024. The Federal Reserve slashed its ...

While it will not be smooth, NAHB anticipates the 30-year mortgage rate to average around this rate by the end of 2025, and just above 6% by the ... Rates will average 7% in the second quarter ...

(RTTNews) - Mortgage rates, or interest rates on home loans, rose from last week, but continues to stay below 7%, according to mortgage provider Freddie Mac (FMCC.OB). "The 30-year fixed-rate ...