15-year fixed-rate mortgage

The average 30-year U.S. mortgage rate rose to 6.49% from 6.43% last week, increasing borrowing costs for homebuyers. Freddie Mac reported the increase, noting that higher rates reduce purchasing power and contribute to a housing slump. The 15-year fixed-rate mortgage also rose to 5.82%, influenced by factors like Federal Reserve policies and rising 10-year Treasury yields linked to inflation expectations and the war with Iran.

The average 30-year U.S. mortgage rate increased to 6.49% from 6.43% last week, according to Freddie Mac, raising borrowing costs for homebuyers and reducing their purchasing power. The 15-year fixed-rate mortgage also rose to 5.82%, impacting refinancing options. Higher rates have contributed to weaker home sales this year.

The average 30-year U.S. mortgage rate increased to 6.49% from 6.43% last week, according to Freddie Mac, raising borrowing costs for homebuyers. The 15-year fixed-rate mortgage also rose to 5.82%, influenced by factors like the Federal Reserve's policy and higher 10-year Treasury yields, which reached 4.55% amid expectations of inflation and the war with Iran.

The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, while the 15-year rate also declined. The drop follows easing oil prices amid hopes of ending the U.S.-Iran war, though rates remain elevated compared to late February. Housing market activity remains subdued due to affordability challenges.

The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, driven by hopes of ending the U.S.-Iran war and easing oil price pressures. The 15-year rate also declined to 5.79%, while the 10-year Treasury yield dropped to 4.46%. Despite lower rates, housing sales remain below historic norms due to ongoing uncertainty.

The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, while the 15-year rate also declined. Freddie Mac reported these changes, noting the rates are influenced by Federal Reserve policy and bond market expectations.