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 ...

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

Early forecasts called for a gradual decline in mortgage rates (potentially reaching 6% by the end of 2025), but 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 AAA to Aa1. It was the last of the major credit-rating ...

Check out CNET Money's weekly mortgage rate ... central bank has held rates steady so far in 2025, extending its holding pattern for a third consecutive meeting on May 7. If President Trump ...

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 ...

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 ...

Mortgage rates surged after the credit-rating agency ... That pushed the 30-year fixed-rate mortgage up 12 basis points to 7.04%, according to Mortgage News Daily. Moody's (MCO) cited an increase ...

Year over year, the MBA refinance index was up 111% while the purchase index was only up 7%. MBA vice president Joel Kan noted that three weeks of higher mortgage rates has cooled the pace of ...

After hitting a peak of 7.04% in January 2025 ... mid-6% range at least into the summer.” J.P. Morgan: Mortgage rates will remain above 6.5% in 2025 According to financial services firm J.P ...