Pending home sales fall as mortgage rates tick up: Report
- Pending home sales have fallen as mortgage rates increase, with 30-year fixed rates at 7.26% compared to last week's 7.07%.
- Today's rates are significantly higher than last month and last year, affecting both 15-year fixed and 30-year jumbo mortgages.
- Curinos provides standardized parameters for calculating average mortgage rates, which are based on loan-to-value ratios, credit scores, and lock periods.
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Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center