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Mortgage rates on 30-year home loan hit 5 percent, a nearly 8-year high

Buying a home just got a bit more expensive. Rates on the most common mortgage topped 5 percent for the first time since February 2011, making it even harder for buyers to get an affordable house. The ... read more

Mortgage rates top 5%, hitting a 7-year high

The Mortgage Bankers Association said this week that the average 30-year fixed home loan rate hit 5 ... percent, also a more than seven-year high. Mortgage rates are climbing thanks to a healthy econo... read more

Mortgages fast approaching 5 percent, a fresh blow to housing market

Mortgage rates hit their highest level in more than seven years this week at nearly ... home in Dallas two weeks ago, and opted for an adjustable-rate mortgage so they could get a 4% rate. With a fixe... read more

Would-be homebuyers chew on rising mortgage rates

What will you do if rates zoom past 5 percent? It's been seven years since rates hit 5 percent ... because waiting could be expensive. On a 30-year mortgage of $200,000, a 3.75-percent home loan means ... read more

Refinancing up as Jumbo Rates hit 5-Year Low

Contract rates were lower or unchanged for all fixed rate products and their effective rates all declined. The average contract interest rate for 30-year fixed-rate mortgages (FRM) with conforming loa... read more

Rising Mortgage Rates Stir Housing Worries

The average rate on 30-year mortgages hit ... nearly four-month high of 4.39%. That triggered another sell-off in real estate-related stocks. For example, shares of D.R. Horton Inc., the nation's larg... read more

U.S. new home sales hit 5-month low; supply highest since 2009

Economists polled by Reuters had forecast new home sales, which account for nearly ... one-tenth of a percentage point to a 1.9 percent annualized rate. The economy grew at a 2.6 percent pace in the f... read more

U.S. mortgage applications up as rates drop below 5 percent

NEW YORK - U.S. mortgage applications rose for the first time in four weeks, reflecting a jump in demand for home refinancing loans as interest rates on 30-year loans dropped below 5 percent ... incre... read more

30-year mortgage rates again below 5 percent

Freddie Mac reported that the average rate on the 30-year loan slipped to 4.95 percent from 5 percent. It hit a 40-year low of ... The decline has pushed mortgage rates down from a 10-month high, maki... read more

U.S. new home sales hit 5-month low; supply highest since 2009

The 30-year fixed mortgage rate ... Loans in Detroit. At January's sales pace it would take 6.1 months to clear the supply of houses on the market, the most since July 2014 and up from 5.5 months in D... read more

Mortgages Fast Approaching 5%, a Fresh Blow to Housing Market

Mortgage rates hit their highest level in more than seven years this week at nearly ... home in Dallas two weeks ago, and opted for an adjustable-rate mortgage so they could get a 4% rate. With a fixe... read more