Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants ...
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...
One of the main reasons homeowners choose an ARM is to benefit from lower initial interest rates during the first few years.
SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
The states that saw the most substantial mortgage costs were as follows: Hawaii, California, Utah, Oregon, Idaho, Washington, Colorado, Nevada, Massachusetts and Arizona.