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U.S. Mortgages
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US mortgage rates surged to 7.12% last week, with nearly 10% of borrowers opting for riskier adjustable-rate mortgages (ARMs).
The average contractual interest rate for 30-year fixed-rate mortgages rose to 7.12% last week from 6.97%, reaching its highest level since 2024, according to data from the Mortgage Bankers Associatio
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US mortgage rates hit 6.78% last week, highest in three weeks, weakening demand further
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances rose to 6.78% last week from 6.77% the prior week. This increase led to a 1% drop in total mortgage ap
-
US mortgage rates surged to 7.12% last week, with nearly 10% of borrowers opting for riskier adjustable-rate mortgages (ARMs).
The average contractual interest rate for 30-year fixed-rate mortgages rose to 7.12% last week from 6.97%, reaching its highest level since 2024, according to data from the Mortgage Bankers Associatio
-
US mortgage rates hit 6.78% last week, highest in three weeks, weakening demand further
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances rose to 6.78% last week from 6.77% the prior week. This increase led to a 1% drop in total mortgage ap
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U.S. Mortgages
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