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- Indexed articles, last 90 days
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Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28% (opens the original)
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NEW YORK – The average long-term U.S. mortgage rate jumped this week to its highest level in nearly three years. The benchmark 30-year fixed-rate mortgage rose to 7.28% from 7.03% last week, mortgage buyer Freddie Mac said Thursday, the biggest leap in several years. A year ago, the average rate was 6.34%. It is the sixth consecutive week that mortgage rates have increased. The average rate is now the highest it’s been since Nov. 22, 2023, when it reached 7.29%. Borrowing costs on 15-year fixed-
Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28% - AOL (opens the original)
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NEW YORK (AP) — The average long-term U.S. mortgage rate jumped this week to its highest level in nearly three years. The benchmark 30-year fixed-rate mortgage rose to 7.28% from 7.03% last week, mortgage buyer Freddie Mac said Thursday, the biggest leap in several years. A year ago, the average rate was 6.34%. It is the sixth consecutive week that mortgage rates have increased. The average rate is now the highest it’s been since Nov. 22, 2023, when it reached 7.29%. Borrowing costs on 15-year f
America In Focus: money pressures climb as mortgage rate tops 7%, bond yields rise (opens the original)
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The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses. Unlock the rest of the article with a new subscription. Your support strengthens local journalism. Subscribe now for full access to local reporting, breaking news, and more. Copyright 2026 The Associated Press. A
America In Focus: money pressures climb as mortgage rate tops 7%, bond yields rise - AOL (opens the original)
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The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses. Here’s a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you. The average long-term U.S. mortgage rate rose this week above 7% for the first time si
Brightline reaches restructuring deal that will give it $490M in new capital, help lower debt (opens the original)
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Florida’s Brightline has struck a restructuring agreement that will infuse the private high-speed passenger train service with $490 million in new capital while also lowering its debt. Assured Guaranty said on Friday that the financing commitments include $350 million of new junior debt and $140 million of additional senior debt. Assured said that Brightline Trains Florida LLC, which runs the train service, has not filed for Chapter 11 bankruptcy protection, but that certain other Brightline Flo
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