Mortgage Rates Rise to 6.84% as 'Homeowners Remain Hesitant To Sell'
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Average rate on a 30-year mortgage in the US rises to highest level since July
The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July
The average rate on a 30-year mortgage rose to 6.84% this week, says Freddie Mac, its highest level since July
The average rate on a 30-year mortgage rose to 6.84% this week, says Freddie Mac, its highest level since July
US 30-year fixed-rate mortgage approaches 7%
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term.
Average rate on a 30-year mortgage hits highest level since July
The average rate on a 30-year mortgage in the United States edged closer to 7 percent this week, climbing to its highest level since July. The rate rose to 6.84 percent from 6.78 percent last week, mortgage buyer Freddie Mac said Thursday.
30-year mortgage hit highest level since July
The rate rose to 6.84% from 6.78% last week, Freddie Mac said Thursday. That’s still down from a year ago, when the rate averaged 7.29%.
Average mortgage rate increases heading into winter holidays
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.
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Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.
Mortgage rates inched up closer to 7% ahead of the holiday season, delivering another blow to home affordability.