Mortgage rates rise
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Growing concern about the national debt impacted home borrowing rates this week. Mortgage rates track the benchmark 10-year Treasury yield, which climbed higher as bonds sold off
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that threatens to slow sales further this spring homebuying season.
Mortgage rates inched higher over the last week, delivering yet another blow to a lackluster spring housing market.
These are today's mortgage and refinance rates. Mortgage rates have been elevated recently, and it's hard to say whether they'll still drop this year.
7hon MSN
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.
A reverse mortgage is ideal for seniors who may have limited financial resources, as no payment is required. So if you have little to no work or retirement income, a reverse mortgage can be a lifeline and a tool to age in place. A home equity loan or HELOC may not be the right fit, as they require payments.
Homebuyers shared why they're sick of waiting for prices to come down and jumping into the housing market now.
The home was devastated by Hurricane Helene. We were told that we would be responsible for the loss in value.”
After surging in April to a 2025 high, mortgage rates plunged and then have inched up only slightly from that low. Here's where that leaves monthly loan payments.