“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
After shooting up last week to a 7-month high, rates on 30-year mortgages have moved the other way—falling four days in a row and now holding at that lower level.
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
U.S. mortgage rates rose for consecutive weeks in January of 2025. That's the word from Freddie Mac, which released its ...
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
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