Mortgage Rates Rate Locks at 7.28%: What Buyers Under Contract Should Do After the Biggest Weekly Mortgage Rate Jump in Four Years The 30-year rate jumped to 7.28% in one week. For buyers under contract, the lock period, extension fees and float-down options now matter more than the quote.
Mortgage Rates Mortgage Rates Slip to 6.4% as April Pending Home Sales Surprise to the Upside Mortgage rates dropped to 6.42% and March pending sales rose 2.1%, the first meaningful signs of life in a 30-month housing grind.
Federal Reserve Federal Reserve Survey Shows Homebuying Sentiment Improving The Federal Reserve Bank of New York's Survey of Consumer Expectations showed a 3.4-point uptick in homebuying intent, the highest reading since 2022.
Mortgage Rates Mortgage Rates Tick Up as Fed Signals Patience on Rate Cuts The average 30-year fixed mortgage rate moved higher after Fed officials indicated no urgency to lower borrowing costs.
