CMG Home Loans, the retail division of well-capitalized privately held mortgage lender, CMG Financial, announced today the hire of Area Sales Manager, Shawn Williams (NMLS# 216745). A skilled mortgage ...

Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed ...

The rate on the 30-year mortgage, the most popular home loan in the United States, jumped to 7.04 percent this week, up from 6.93 percent the previous week. Mortgage rates tend to track the yield ...

After climbing to its most expensive level in more than seven months, the 30-year mortgage rate average marched in place Tuesday at 7.13%. Rate movement was meanwhile mixed for other mortgage types.

The average contract rate on a 30-year fixed-rate mortgage rose 10 basis points in the week ended Jan. 10, the Mortgage Bankers Association said on Wednesday. It was the fifth straight weekly rise ...

Mortgage rates officially hit the highest levels since May 2024 yesterday, even though the average was almost imperceptibly higher than last Friday's. We saw a similarly small move today, but in ...

Mortgage rates rose to the highest levels since May 2024 by the end of last week following a stronger reading on the jobs report. Technically, the same thing happened today, but only because rates ...

The term fixed-rate mortgage refers to a home loan that has a fixed interest rate for the entire term of the loan. In other words, the mortgage carries a constant interest rate for the entire loan ...

(AP Photo/Charlie Riedel) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since ...

Mortgage rates increased for the fourth straight week, inching closer to 7% The average 30-year mortgage rate was 6.93% in the week through Wednesday, according to Freddie Mac data, up from 6.91% ...