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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mortgage Bankers Association. But when the average 30-year fixed rate jumped to around 6.8% last week, mortgage activity plummeted 10%.
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospe ...
Mortgage rates are based on bonds and bonds don't like inflation. When inflation reports are higher than the market expected ...
America’s housing market is flashing red on multiple fronts, with affordability at its worst in years and little relief in ...
Today’s mortgage rates: 30-year fixed at 6.625%, 15-year at 5.75%. Explore trends and what buyers should know now.
With so much speculation regarding the forecast of America's economy and how inflation rates will change, those in the property market need to know how inflation can affect the real estate sector.
JPMorgan Chase and Wells Fargo saw a surge in mortgage originations in Q2 2025, but the gains in volume came with lower ...
Home sales are down, prices are softening, and buyers are hesitant—but conditions may be shifting as summer gains momentum.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it ...
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