Mortgage applications declined 3.1% from the previous week as the average interest rate for FHA-backed mortgages increased to 7.02%—the highest in almost 21 years—according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. […]
US MORTGAGE rates jumped above 7 per cent in a week that government bond yields spiked following a surprise decision by Fitch Ratings to lower the nation’s credit rating. The contract rate on a 30-year fixed mortgage […]
U.S. Treasury yields were mixed on Monday as investors digested the latest inflation data, which could affect Federal Reserve monetary policy, and considered the outlook for the economy. At 5:33 a.m. ET, the 10-year Treasury yield was […]
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