The 30-year fixed mortgage rate averaged 5.30% for the week ending May 12 — up from 5.27% last week.

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Topics:  week   mortgage   
BING NEWS:
  • US Economy News Today: Mortgage Rate Increases Catch Up With Potential Homebuyers
    Today, mortgage application rates fell after two consecutive weeks of growth and economists look ahead to tomorrow's measure of economic growth.
    04/24/2024 - 1:18 am | View Link
  • US new home sales rebound to six-month high; rising mortgage rates a concern
    Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum ...
    04/23/2024 - 6:55 pm | View Link
  • Mortgage rates spike as the economy remains strong
    Mortgage rates kept climbing on the back of a string of market-moving news, including comments by Fed Chair Jerome Powell.
    04/23/2024 - 5:17 am | View Link
  • Should You Wait for Mortgage Rates to Fall to Buy a House?
    Buying a home when mortgage rates are high can drive up your monthly payments, but waiting for rates to fall before buying a home comes with its downsides, too.
    04/23/2024 - 2:36 am | View Link
  • Cost of Buying a Home Hits Record High as Mortgage Rates Jump in U.S.
    This past week, the average daily mortgage rate climbed to over 7.4%, marking its highest point since last November 2023, influenced by an unexpectedly high inflation report and confirmation from the ...
    04/23/2024 - 1:20 am | View Link
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