Tag: Mortgages

Average long-term US mortgage rate climbs above 7% to highest level since late November

LOS ANGELES -- Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7%...

Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March

LOS ANGELES -- The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during...

Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates

LOS ANGELES -- Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments...

Average long-term US mortgage rate rises modestly this week, holding just below 7%

LOS ANGELES -- The average long-term U.S. mortgage rate rose modestly this week, holding below 7% as it has for much of this...