The average new 30-year fixed-rate mortgage cost 6.93% this week, Freddie Mac said Thursday. That is the most expensive since July. Mortgage rates have been stuck firmly above 6% since late 2022, ...

FIRST-time buyers could find it easier to get on the ladder thanks to a new range of mortgages that require a deposit of only 3%. The 97% loan to value (LTV) deals are offered by a specialist ...

The pound is trading at $1.22 this morning – a level last seen in November 2023. Elsewhere in the Money blog, Edinburgh is ...

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark ...

Freddie Mac’s benchmark rate for a 30-year mortgage increased for the second week in a row and is now averaging 6.85% for the ...

Mortgage rates jumped to a six-month high of 6.93%, up from 6.91% last week, for the average 30-year fixed home loan for the ...

Rates had been expected to fall in 2025 due to expectations that the Bank of England will cut the base rate three or four ...

Refi rates added a few points, yo-yoing near a five-month high, after retreating the day before. Rate movement was mixed across other refi loan types.

For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was mixed for other loan types.