The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.

The Business Journals

United States

U.S. mortgage rates rise, surpass key milestone in 2025

Freddie Mac reports the 30-year fixed mortgage rate averaged 7.04% for the week ending Jan. 16 — up from 6.93% last week.

Ad Fontes Media

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Advance Publications

MarketWatch

Murdoch family

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?

SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.

Fortune

Chatchaval Jiaravanon

New York

How SOFR works and why it might matter for your mortgage rate

Mortgage rates in the Netherlands have risen for the third consecutive week, marking the steepest increase in 18 months, according to De Hypotheekshop and Ingage-Aetos. The rise has particularly affected rates for mortgages with Nationale Hypotheek Garantie (NHG) and has prompted a surge in mortgage applications as consumers seek to lock in rates before further increases.

NL Times

Mortgage rates surge to highest levels in 18 months

The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up. Article Attribution | Read More at Article Source The post Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing? appeared first on RocketNews.

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?

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