US mortgage rate inches up to 6.93%, 4th straight increase
Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
The current average mortgage rate on a 30-year fixed mortgage is 7.34%, compared to 7.29% a week earlier, according to ...
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
If you're among the millions of Americans who locked in a mortgage interest rate above 7%, you may have a chance to reduce ...
“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of ...
These are today's mortgage and refinance rates. Mortgage rates are flat, but incoming job market and inflation data could ...
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