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A new reality of 7% mortgage rates could be setting in, top economist says
If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of where mortgage rates are going,” BNP Paribas’ chief U.S. economist said.
‘The new normal sets in.’ 5 pros on where mortgage rates will go in May — and beyond
Realtor.com Chief Economist Danielle Hale adds that “mortgage rates are likely to remain high in May” and the most likely path for mortgage rates next month is a holding pattern in the 7% to 7.5% range.
New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says
Buyers are highly considering newly built homes amid a shortage of available homes in the U.S. Here's what this means and where prices are standing.
Mortgage Rates Are on the Rise. So Are Home Sales, and Prices.
Mortgage rates have gained nearly 0.4 percentage point since the end of March, according to Freddie Mac data published Thursday, with the average 30-year fixed mortgage rate risin
12d
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a ...
9d
Mortgage Rates Just Topped 7%, Triggering a 'Sense of Helplessness' for Many Would-Be Homebuyers
The post Mortgage Rates Just Topped 7%, Triggering a 'Sense of Helplessness' for Many Would-Be Homebuyers appeared first on ...
11d
Mortgage rates sail past 7% as market moves into critical spring homebuying season
The average 30-year fixed-rate mortgage was 7.10% for the week ending April 18, according to Freddie Mac's latest Primary ...
12d
on MSN
Mortgage rates surge past 7%, reaching highest level since November
Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home affordability crisis.
4d
on MSN
It's still painfully expensive to buy a house, but relief could be on the way
Mortgage rates climbed to 7.1%, marking the third straight week of gains. Here's a look at what to expect from the housing ...
6d
on MSN
Mortgage demand falls again as interest rates soar past 7%
A key measure of home-purchase application fell for the third straight week as mortgage interest rates marched to the highest ...
12d
on MSN
Average long-term US mortgage rate climbs above 7% to highest level since late November
Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7 ...
12d
US long-term mortgage rate tops 7%
LOS ANGELES -- Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate ...
11d
on MSN
Average 30-year fixed mortgage rates continue to climb as inflation persists, analysts say
Average 30-year fixed mortgage rates continue to increase after passing 7% earlier this month, indicating a troubling trend ...
12d
on MSN
Mortgage rates back over 7% for first time since November
"I just think that it's taken people a little while to adjust to realize that this is the new reality," Goldstein continued.
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