The average new 30-year fixed-rate mortgage cost 6.93% this week, Freddie Mac said Thursday. That is the most expensive since July. Mortgage rates have been stuck firmly above 6% since late 2022, ...

The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, ...

Rates on 30-year fixed rate loans rose to 6.93% from 6.91% last week. Rates on 15-year mortgages ticked up to 6.14%.

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

If you're among the millions of Americans who locked in a mortgage interest rate above 7%, you may have a chance to reduce ...

For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was mixed for other loan types.

First-time homebuyers faced challenges in 2024 with elevated mortgage rates and rising home prices. However, 2025 may offer ...