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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.
Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
Mortgage rates jump again, approaching 7% barrier
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data released this week pointed to stickier inflation and more job openings.
5h
on MSN
U.S. Mortgage Rates Climb to Highest Since July
U.S. mortgage rates are back at their highest level since last summer, frustrating homebuyers waiting for a break from some ...
KTEN
59m
Weekly Mortgage Rates Ebb, but Rates Unlikely to Plunge in 2025
Mortgage interest rates pulled back a little this week, but it was hardly enough to erase the past three weeks' gains. The ...
5h
Mortgage rates hit six-month high
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
News Nation on MSN
1d
Here’s where mortgage rates could be headed in 2025
The National Association of Realtors preditcs mortgage rates will be around 6% in 2025. Meanwhile, Redfin predicts mortgage ...
1d
on MSN
Mortgage rates hit 6-month high, loan applications dwindle
Economists predict interest rates will come down in 2025 but not enough to provide meaningful relief to prospective ...
2d
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's ...
3d
What To Expect in Mortgage Rates and Savings Accounts in 2025
As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of ...
14h
on MSN
Today's Mortgage Rates | Rates Up, but There's Still Hope for Borrowers
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
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