Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time since May as the housing market continues to struggle.
Average rate on 30-year mortgage hits 7% after 5th straight increase, now highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months.
Average mortgage rate tops 7% for first time since May
The Fed is tapping the brakes on interest rate cuts because inflation remains stubbornly high. That's pushed mortgage rates higher.
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The interest rate on 30-year mortgages rose last week to an eight-month high, extending an upward trend that’s squeezing would-be homebuyers already facing rising house prices and limited supply. The average rate on the most popular home loan reached 7.
Five major banks offer mortgage relief in fire ravaged areas, Newsom announces
Five major banks will offer homeowners up to three months of forbearance on mortgage payments in areas devastated by the ...
Gov. Gavin Newsom announces mortgage relief commitments from major lenders to help wildfire survivors
California Gov. Gavin Newsom announced commitments from five major financial institutions that will offer mortgage relief for ...
How to Refinance Your Mortgage
Mortgage refinancing is when you take out a new home loan to pay off an existing mortgage. If you refinance, you may be able ...
Newsom reaches deal with banks for wildfire-related mortgage relief
Gov. Gavin Newsom on Saturday announced that five major financial institutions will offer mortgage relief for property owners ...
4 reasons to get preapproved for a mortgage loan this January
With only two additional Fed rate cuts predicted for 2025, mortgage rates aren't likely to fall much more this year. And, if ...
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Mass. homebuyers hope mortgage rates ease, inventory loosens in 2025. Will they?
Through Nov. 30, last year's statewide median sales price for single-family homes was $616,925, up a robust 8.2%.
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Nearly half of people considering moving cite political climate as reason
Of the people who were looking to move, nearly half cited the political climate as their reason for wanting to find a new ...
Proposed legislation could help victims of notorious reverse mortgage scam artist Mark Diamond
David Herron's home in North Lawndale has been in his family for more than six decades. Among other repairs, it needs a new ...