This week, mortgage rates rose to their highest level since May 2024. The average rate on the 30-year fixed-rate mortgage went up three basis points to 7.07% in the week ending May 29, according to ...

Mortgage rates shot up over the past week, drying up home-buying and refinancing demand. But some home buyers are finding deals in adjustable-rate loans. Mortgage rates jumped 20 basis points in one ...

The share of borrowers applying for adjustable-rate loans jumped to the highest in over two years. Mortgage rates jumped 20 basis points in one week. Homebuyers pulled back, despite much higher ...

The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.