The average 30-year fixed rate mortgage was 7.12% yesterday, an increase of 0.06% since the day before. The 15-year fixed mortgage rate stood at 6.35%, up by 0.04%. The 30-year FHA mortgage averaged 6 ...

Local experts say 7% mortgage rates are shrinking the buyer pool and making monthly payments harder to afford for many Texans.

The 30-year fixed rate mortgage in the U.S. has gone over 7% for the first time since May 2024. CBS News business contributor Javier David breaks down what's driving the spike.

Experts said people are turning to adjustable-rate mortgages, which can start lower, but the interest rate can change later.

The 30-year fixed mortgage rate hit a more than two-year high last week, sending mortgage applications down for the third consecutive week.

Borrowers pulled back as rates jumped. The Mortgage Bankers Association's gauge of applications, adjusted for seasonal ...

U.S. mortgage rates rose to 7.12%, the highest in over two years, as Fed rate hikes and rising oil prices push up borrowing ...

Spiking interest rates sparked selling on Wall Street on Wednesday, with the 10-year Treasury yield rising to a fresh ...

Mortgage rates rose to 7.12%, but with homebuyer demand strong in Connecticut ahead in the early autumn market.

Mortgage rates have climbed above 7%, reaching their highest level since May 2024 and it's putting additional pressure on people looking to buy or refinance a home. The Mortgage Bankers Association ...

U.S. mortgage rates rose above 7% for the first time in over two years, driven by Federal Reserve rate hikes and rising ...

The 10-year yield hit its highest level since 2006 on hot PMI data and hawkish Fed remarks. Mortgage spreads improved, but rates rose to 7.26%.