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Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's ...
Long-term mortgage rates rose this week, but remained below the 7% level for the 18th consecutive week, said the latest ...
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 ...
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...
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 ...
mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late 2023 at 7.79% for 30-year ...
After hitting a peak of ... rate mortgage sits at 6.62%. While it will not be smooth, NAHB anticipates the 30-year mortgage rate to average around this rate by the end of 2025, and just above ...