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

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 ...

That pushed the 30-year fixed-rate mortgage up 12 basis points to 7.04%, according to Mortgage News Daily. It later settled at 6.99% later in the day. Moody’s MCO cited an increase in government ...

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 ... bank has held rates steady so far in 2025, extending its holding pattern for a third consecutive meeting on May 7.

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 ...

On Thursday, mortgage rates climbed above 7 percent for the first time since May and they're expected to stay above 6 percent throughout 2025. With rates higher than they were in the pandemic ...

Nowadays mortgage rates are closer to 6-7%. If the Fed stops raising rates then ... with credit scores in the mid- to high-700s or above," the Consumer Financial Protection Bureau's website ...

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 ...

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 ...

Rates reached a recent peak in late 2023 at 7.79% for 30-year fixed ... relatively recent heights for mortgage rates, average 30-year rates peaked above 16% in the early 1980s.