“Mortgage rates increased to their highest level since November 2022,” said Freddie Mac’s Sam Khater.
The post Mortgage Rates Rise to Just Under 7% appeared first on Weekly Real Estate News.
Mortgage Rates Rise to Just Under 7%
Mortage News
The latest mortgage rates are now 7.17%
U.S. mortgage rates for Monday, May 22, were flat day over day and were up from the same time last week, according to data from Bankrate. See the best mortgage rates you may get now here. […]
Home Values
Housing Market Still Strong Despite 53% Hike In Costs
Zillow sees signs that a rebalancing could be around the corner, but for now the market is moving at record speed. KEY TAKEAWAYS U.S. home values continue to grow at a record pace, up nearly […]
Housing Wire
Buyers can afford more expensive homes on the back of lower mortgage rates: Redfin
Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing power since […]