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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mortgage Bankers Association. But when the average 30-year fixed rate jumped to around 6.8% last week, mortgage activity plummeted 10%.
1hon MSN
Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan ...
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it ...
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...
For the second consecutive week mortgage rates moved higher, as the likelihood of the Federal Reserve acting diminished after ...
Mortgage rates inched up this week but stayed within a narrow range under 7%, according to the latest Freddie Mac Primary ...
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.
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