Mortgage rates inch closer to 7% to close out 2024
Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers. The standard, 30-year fixed-rate mortgage ...
Why the U.S. economy is still strong despite the Fed's 2022-23 rate hikes
In 2022 - the year the Fed started hiking rates - net interest and miscellaneous payments for nonfinancial U.S. corporations began a steep decline, possibly because they started earning more on their ...
Average 30-year mortgage rate hits 6.91%, Freddie Mac says, the highest since July
WASHINGTON -- U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac ...
Refinance Rates Inch Up, Ending 3-Day Decline
After falling for three days, 30-year mortgage refinance rates changed direction to climb 3 basis points Tuesday, raising the ...