Mortgage Rates Are Climbing. Don't Panic

This year may have kicked off with the lowest mortgage interest rates in history, but the record lows aren't going to last. Rates are now starting to climb and are expected to continue heading higher throughout 2021.

Topics:  mortgage   rates   
BING NEWS:
  • With mortgage rate topping 7%, what will it take to soften the market?
    On Thursday, April 18, Redfin reported the cost of buying a home hit a new record high. The combination of high mortgage rates and prices brought a homebuyer’s median monthly house payment to a record ...
    04/18/2024 - 3:12 pm | View Link
  • Average long-term US mortgage rate climbs above 7%. It’s at the highest level since late Nov.
    Borrowing costs on a 15-year fixed-rate mortgage, often used to refinance longer-term mortgages, rose this week to 6.39%.
    04/18/2024 - 11:51 am | View Link
  • Mortgage rates surge past 7%, reaching highest level since November
    Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home affordability crisis.
    04/18/2024 - 3:55 am | View Link
  • Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising
    The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices.
    04/18/2024 - 3:02 am | View Link
  • Home prices kept climbing at a brisk pace in March: First American
    U.S. home prices grew by 0.9% from February to March, according to First American Financial Corp.’s national house price index.
    04/17/2024 - 11:20 am | View Link
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