The average rate on the popular 30-year fixed #mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. Read more at the #linkinbio or the link on screen. #CNBC
1:05
The average rate on the popular 30-year fixed #mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. Read more at the #linkinbio or the link on screen. #CNBC
900.7K views1 month ago
TikTokcnbc
The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
6:24
The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
151.1K views1 month ago
TikTokpbsnews
Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total #mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Read more at the #linkinbio or the link on screen.
1:02
Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total #mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Read more at the #linkinbio or the link on screen.
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Why a UK rate rise may see mortgage fix rates fall! (Watch to the end)
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Why did mortgage rates go up today? One number came out at 10:00 this morning: 74. It isn't dollars and it isn't a percent. It's a show of hands from the people who pay the bills at hospitals, trucking companies, builders and restaurants, and you can build it yourself with grade-school math. How the number gets made, why the ten-year treasury rate went over 5.34 and came back, and the one number to check Tuesday evening. Not financial advice; trading involves risk. #mortgagerates #interestrates
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If you’re thinking of going on the property ladder in the current market, you need to check the data and numbers and factor them into your decision. Median home prices just rose to $500,000, and the median interest rate just hit 7.17%. This doesn't necessarily mean no one can own a house. It only means that homeownership, especially when it comes with locking yourself into a 30-year mortgage, has to be clearly thought through. The numbers don’t lie. #financialliteracy #investing #moneytips #mort
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