Mortgage rates last week reached their highest levels since July 2024 with the average 30-year fixed mortgage rate staying above 7%, according to Bankrate. Experts see rates remaining elevated through the first six months of 2025.
The Details: Mortgage rates have climbed higher following recent economic data which has dampened Wall Street’s expectations for the Federal Reserve to cut rates in the near future and caused 10-year Treasury yields to surge.
Read Next: Supreme Court Hears TikTok Arguments With App’s Ban Ahead: ‘Essentially, The Platform Shuts Down’
Mortgage applications are down as high interest rates continue to deter …
Full story available on Benzinga.com
Mortgage rates last week reached their highest levels since July 2024 with the average 30-year fixed mortgage rate staying above 7%, according to Bankrate. Experts see rates remaining elevated through the first six months of 2025.
The Details: Mortgage rates have climbed higher following recent economic data which has dampened Wall Street’s expectations for the Federal Reserve to cut rates in the near future and caused 10-year Treasury yields to surge.
Read Next: Supreme Court Hears TikTok Arguments With App’s Ban Ahead: ‘Essentially, The Platform Shuts Down’
Mortgage applications are down as high interest rates continue to deter …
Full story available on Benzinga.com
Mortgage rates last week reached their highest levels since July 2024 with the average 30-year fixed mortgage rate staying above 7%, according to Bankrate. Experts see rates remaining elevated through the first six months of 2025.
The Details: Mortgage rates have climbed higher following recent economic data which has dampened Wall Street’s expectations for the Federal Reserve to cut rates in the near future and caused 10-year Treasury yields to surge.
Read Next: Supreme Court Hears TikTok Arguments With App’s Ban Ahead: ‘Essentially, The Platform Shuts Down’
Mortgage applications are down as high interest rates continue to deter …Full story available on Benzinga.com Read More10-year Treasury yield, 30-Year Fixed Mortgage, Jacob Channel, Joel Kan, Lending tree, mortgage, Mortgage Bankers Association, Mortgages, News, Rates, Bonds, Top Stories, Federal Reserve, Markets, Real Estate, News, Bonds, Top Stories, Federal Reserve, Markets, Real Estate, Benzinga Markets
