Mortgage

Economy

Mortgage rates increase to 7.03%

Mortgage rates are now above 7% again after a month of declines as the home affordability crisis continues to price more Americans out of the housing market.

Economy

Mortgage rates dip below 7%

The average rate for a 30-year fixed-rate mortgage dropped below 7% this week for the first time in over as month as affordability issues continue to weigh on the housing market.