BI
Strong economic data has pushed back expectations of when mortgage rates will drop, but experts still believe they'll go down this year. We just probably won't see them drop as soon as many initially anticipated.
Mortgage rates have increased across the board this month in response to the latest labor market and inflation data showing that the economy is still running relatively warm.
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.
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Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.