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    • Recent moves in the 10-year Treasury yield

      • The latest increase in rates reflects recent moves in the 10-year Treasury yield, which lenders use as a guide to pricing loans. Stronger-than-expected reports on inflation, the job market and the overall economy have stoked worries among bond investors the Federal Reserve will have to wait longer before beginning to cut interest rates.
      apnews.com › article › mortgage-rates-housing-interest-financing-home-loan-cc6fc42a0297732e162eeb14a55ac1a0

      Average long-term US mortgage rose again this week to highest ...

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  4. www.cnn.com › 2023/09/28 › homesUS mortgage rates climb to 7.31%, hitting their highest level ...

    Sep 28, 2023 · Washington, DC CNN —. US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted. The 30-year fixed-rate mortgage averaged 7.31% in...

  5. www.bankrate.com › how-high-will-mortgage-rates-goExperts: How High Will Mortgage Rates Go? | Bankrate

    Oct 20, 2023 · The 30-year mortgage rate plunged as low as 2.93 percent in Bankrate’s weekly survey. It wasn’t until inflation surged that the Fed reversed course. The central bank has raised its key interest...

  6. www.usatoday.com › story › moneyMortgage rates are going up: What homebuyers should know

    Dec 17, 2021 · 1:51. Swapna Venugopal Ramaswamy. USA TODAY. The Federal Reserve's announcement this week that it will fight inflation by phasing out a bond-buying program and preparing for faster...

    • Swapna Venugopal Ramaswamy
    • White House Correspondent

  7. www.homelight.com › blog › buyer-why-are-mortgageWhy Are Mortgage Rates Going Up? - HomeLight

    Dec 7, 2023 · "US mortgage rates are forecast to stay above 7% in 2024," Goldman Sachs (November 2023) "Mortgage rates forecast: Expected trends for 2024," USA Today (December 2023) "Mortgage Rates Drop for the Fifth Consecutive Week," FreddieMac (November 2023) "Housing Inventory: Active Listing Count in the United States," FRED (November 2023)

    • Richard Haddad

  8. apnews.com › article › mortgage-rates-housingAverage long-term US mortgage rose again this week to highest ...

    Feb 22, 2024 · LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up. The average rate on a 30-year mortgage rose to 6.90% from 6.77% last week, mortgage buyer Freddie Mac said Thursday.

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  10. www.forbes.com › advisor › mortgagesCurrent Mortgage Rates – Forbes Advisor

    2 days ago · Currently, the average 30-year, fixed-rate mortgage is 7.09% as of May 9, according to Freddie Mac. While rates remain elevated, the Fed signaled that it will begin to cut rates in 2024,...

  11. www.npr.org › 2022/08/19 › 1118365595Spikes in mortgage rate force many potential homebuyers to ...

    Aug 19, 2022 · The Federal Reserve's interest rate hikes to tamp down inflation have pushed mortgage rates up this year for the biggest increase in 40 years. That's made homeownership unaffordable for many...

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