Mortgage Rates Keep Rising, Adding Almost a Percentage Point Over 6 Weeks
Rates on 30-year new purchase mortgages climbed again Tuesday, to a higher 6.88% average. Mortgage rates have surged since sinking to a 2-year low in mid-September, and the average is now at its most expensive level in three and a half months. Rate movement was mixed for other new purchase mortgage rates Tuesday.
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 5, which is unchanged from yesterday.
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The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
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Rates on 30-year new purchase mortgages edged 2 basis points higher Friday, pushing the flagship average up to 6.90%. That ...
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Current homeowners with mortgage rates below 3% aren't willing to give them up. But that's keeping housing inventory ...
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