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 ...

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.

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 ...

The latest jump threatens to sideline more buyers and sellers. Source: Freddie Mac By The New York Times By Danielle Kaye The average rate on 30-year fixed-rate mortgages surpassed 7 percent for ...

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 ...

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 ...

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.