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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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Mortgage rates hit 7% for the first time since May 2024 on Thursday, providing another drag in an already tough housing market. The climbing mortgage rates come even after the Federal Reserve cut ...
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 ...
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 ...
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