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

Mortgage rates surged after the credit-rating agency Moody’s downgraded U.S. debt. Moody’s cut the U.S.’s sovereign credit ...

Early forecasts called for a gradual decline in mortgage rates (potentially reaching 6% by the end of 2025), but concerns ...

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 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 ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...

It’s been a bumpy few months for mortgage rates. Lingering inflation, the threat of a global trade war and growing recession worries have reduced affordable options for homebuyers. The average ...

The Trump's administration's frequent flip-flops on trade policy are likely to keep mortgage rates volatile in the coming months. Katherine Watt is a CNET Money writer focusing on mortgages ...

J.P. Morgan: Mortgage rates will remain above 6.5% in 2025 According to financial ... with mortgage rates expected to ease only slightly to 6.7% by the year end.” Wells Fargo expects the ...

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 these rates represent relatively recent heights for mortgage rates, average 30-year rates peaked above 16% in the early 1980s. The lowest-ever 30-year fixed rate, slightly below 3% ...