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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mortgage Bankers Association. But when the average 30-year fixed rate jumped to around 6.8% last week, mortgage activity plummeted 10%.
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
Potential homebuyers may be able to save money with a little-known financing option, but they still need to watch their ...
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments. Refinance activity declined 7% ...
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.
A few key economic factors could have an impact on mortgage rates this summer, experts say. Here's what to know.
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