The effects of the rapid rise in interest rates are already being felt in the nation’s housing market.

Topics:  rates   
BING NEWS:
  • Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
    The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
    01/17/2025 - 11:00 pm | View Link
  • Why are interest rates rising when the Fed has been cutting them?
    The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
    01/16/2025 - 9:59 am | View Link
  • Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May
    The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
    01/16/2025 - 4:42 am | View Link
  • Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
    The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
    01/16/2025 - 4:09 am | View Link
  • Mortgage rates climb above 7% to highest level since May
    Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
    01/16/2025 - 4:00 am | View Link
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