Suzanne Cordeiro/Getty images
Sotheby's International Realty
Mortgage rates have been increasing this month, and they could remain elevated for at least the next few months.
Average 30-year mortgage rates started the month low, but they've increased substantially since then and are now nearing 7%. The last time rates were above this threshold was in November 2023.
Feverpitched/Getty Images
photosphobos/Shutterstock
yampi/Shutterstock
Linda Beyer