Mortgage Rates Rise For 5th Straight Week
Rates climb closer to 7%; reach level not seen since November.
Rates climb closer to 7%; reach level not seen since November.
Current market conditions don't favor buyers or sellers.
The 30-year fixed mortgage rate rose to 6.12%; 15-year fixed at 5.25%.
Freddie Mac reports 30-year, fixed-rate mortgage falls to 6.09%.
In January, inventories rose and price-growth leveled off as mortgage rates continued to decline.
30-year fixed falls to 6.15%, lowest since September 2022.
After rising the previous week, the 30-year fixed mortgage fell to 6.33%.
Realtor.com report finds price growth eased to high single-digit territory in December.