Mortgage rates top 7%
For the first time since January 2025, mortgage rates are back above 7%.
For the first time since January 2025, mortgage rates are back above 7%.
Home mortgage applications dropped 19% from a year ago amid rising interest rates, that’s according to the Mortgage Bankers Association.
The average 30-year fixed mortgage rate is the highest it’s been since June of last year.
Mortgage rates may be high but young buyers are likely to qualify for the best offers.
Mortgage rates have hit their highest level in nearly a year.
Sales of newly built homes fell last month, according to data from the Census Bureau and Department of Housing and Urban Development.
There’s bad news for the housing market.
Mortgage rates have increased for the first time since October.
If you’re looking to buy a home now or soon, there’s no need to despair despite some tough market conditions.