The average rate on 30-year mortgages rose to 6.89% from 6.86% last week, while borrowing costs on 15-year mortgages rose to 6.03% from 6.01%....
A new survey showed Gen Z appears to be the most cautious and wary of high mortgage rates with an increased inclination towards signing a lease....
Compared to one month ago, pending home sales fell in all four U.S. regions, largely due to mortgage rates, NAR’s chief economist said....