US Mortgage Rates Climb Again in Latest Week, Many at Year High
Refinance applications fell 9.9% as the Mortgage Bankers Association said the 30-year fixed rate rose to 6.76%.
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8 Articles
US mortgage rates climb again in latest week, many at year high
U.S. mortgage interest rates climbed to their highest in about a year last week on an array of home loan products after a resumption of U.S.-Iran fighting drove up both oil prices and the inflation-sensitive Treasury yields that underpin residential borrowing costs.
Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets.
In the US, the average interest rate for 30-year mortgages rose to 6.76 percent last week, reaching its highest level since August 2025.
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4% The post Mortgage Application Activity Down by 6.4% appeared first on Weekly Real Estate News.
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