Report: Homeowners Confident in Making Mortgage Payments, Even as Credit Card Debt Grows As mortgage rates surpass the 7% threshold and revisions to the latest jobs report reveals a lackluster employment trend, buyers have continued to traverse a chaotic market with rising inflation against them. Ye

Mortgage Rates Hit 2-Year Peak as War Continues to Hinder Economy The Iran War continues to weigh on the economy, and in turn the housing market, with mortgage rates this week peaking to “the highest level since May 2024,” as noted by Mortgage Bankers Association President and CEO Bob Broeksmit. Acc

Mortgage Rates Up Nearly 100 Basis Points Since Start of Iran War Mortgage rates continue to climb, this week reaching their highest point since January 2025, and leaving buyers with an uphill battle at a time when the summer lull typically retreats. And, with a swath of housing indicators–existing

In ‘the Market That Could Have Been,’ Mortgage Rates Hit 14-Month High Mortgage rates ticked up again this week, seemingly caught in an ongoing cycle of upward pressure as renewed tensions in the Middle East drive oil prices higher, stoke inflation concerns and push Treasury yields up, bringing mort

Mortgage Rates See Little Change; Inflation Sidelining Would-Be Buyers Buyers who are waiting for rates to come down before making their home purchase will likely have to wait until next year for that to happen, according to economists commenting on this week’s mortgage data.  Mortgage rates changed

Mortgage Rates See Little Change; Inflation Sidelining Would-Be Buyers Buyers who are waiting for rates to come down before making their home purchase will likely have to wait until next year for that to happen, according to economists commenting on this week’s mortgage data.  Mortgage rates changed

Mortgage Rates See Little Change; Inflation Sidelining Would-Be Buyers Buyers who are waiting for rates to come down before making their home purchase will likely have to wait until next year for that to happen, according to economists commenting on this week’s mortgage data.  Mortgage rates changed

Mortgage Rates Remain Steady; Buyers Moving on Modest Decreases Mortgage rates remained relatively steady from last week, but an increase in home-purchase application activity after multiple weeks of decreases shows that homebuyers are getting accustomed to the current environment and responding to

Mortgage Rates Rise to Higher Than Year-Ago Levels for the First Time in 44 Weeks   Mortgage rates continued their upward march, coming in above year-ago levels for the first time in 44 weeks, but economists are pointing to improving trends in housing inventory and list prices as a silver lining for

Mortgage Rates Rise for Fourth Straight Week, Hitting 12-Month High The continued summer slowdown in the housing market could see an uptick in transactions before fall, but economists are pointing to an array of economic and geopolitical headwinds that could possibly drive mortgage rates even higher

Mortgage Rates Hit Highest Level Since August 2025 Economists say renewed doubt about a resolution to the war in Iran kept Treasury yields and thus mortgage rates elevated this past week with the average 30-year hitting its highest point since August of 2025.  The average 30-year fixed mortgage rate

Report: Mortgage Payments Down, Inventory Up as Housing Fights Against High Rates Despite mortgage rates remaining elevated due to ongoing economic pressures stemming from the Middle Eastern conflict, the market continues to paint a picture of resilience as this spring sees many signs grow historica

Mortgage Applications Decrease for Third Consecutive Week Mortgage rates ticking down slightly didn’t move the needle on application activity this week, but the pace still remains ahead of last year at this time, according to this week’s update from the Mortgage Bankers Association (MBA). The latest

Inflation, High Treasury Yields Force Mortgage Rates Upward Mortgage rates have fluctuated again this week, seeing an increase as inflation rose due to elevated oil, gas and energy prices due to continued geopolitical tensions, according to the latest data from Freddie Mac. Freddie Mac’s Primary Mor

Mortgage Rates Inch Down This Week Mortgage rates ticked down slightly this week despite inflation concerns rising after this week’s CPI report.  The average mortgage rate decreased 1 basis point to 6.36% down from 6.37% last week, according to the latest Primary Mortgage Market Survey® (PMMS®), rel

Mortgage Rates Decline for Third Straight Week, but Headwinds Remain Mortgage rates have reached their lowest point since mid-March but economists worry inflation and economic uncertainty caused by tensions in the Middle East will result in temporary decreases versus more sustained stability.  The a

Rates Drop Again but Economists Say Momentum Depends on Ceasefire Economists continue to be cautious about the direction of mortgage rates, saying the spring market outlook remains unclear and further decreases could depend on weather the ceasefire in the Middle East remains intact.  The average mor

Mortgage Rates Hit Highest Level of 2026 While mortgage rates hit a high for the year so far, reflecting escalating geopolitical tensions in the Middle East, analysts point to average rates still remaining below year-ago levels and offering some improvement to buyers purchasing power.  The average m