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Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts
March saw the largest monthly drop in existing home sales in over a year, the National Association of Realtors reported on Thursday.
New Mortgage Rate Spike Threatens California Housing Market
The median price of a home in the Golden State hit its highest level in seven months in March, going up by close to 8 percent to $855,000 from a year ago. High prices have helped stifle supply as sellers sitting on low mortgages are reluctant to sell and enter a market that will ask for 7-plus mortgage rates.
Mortgage rates are now at the highest level of the year, and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.
Mortgage rates surge past 7%, reaching highest level since November
Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home affordability crisis.
WIP Radio Philadelphia on MSN
9h
Spike goes off on Howard: 'You want them to lose so you will be right'
Spike and Howard have been going at it for over a decade now, as Spike has been one of Philadelphia’s biggest Sam Hinkie and ...
14h
on MSN
Whooping cough cases spike among Pennsylvania high school students, health officials say
Health officials in Montgomery County, Pennsylvania, are investigating a spike in cases of whooping cough, according to ...
1d
on MSN
'Very scary prospect': Spike in illegal immigrants from this US adversary blows lid off previous year's record
The number of Chinese nationals entering the U.S. illegally has skyrocketed this fiscal year compared to prior years, and ...
12h
on MSN
DeSantis scales back book ban law amid spike in Florida book objections
Now, DeSantis has signed HB 1285, which he said will limit the amount of book objections that can be made by people who don't ...
MyNorthwest.com
8h
Spike O’Neill: Why Seattle’s new art space won’t work
I can't help but think about the announcement of the new art space designated to inhabit the old Bed Bath and Beyond in ...
2d
San Francisco Sheriff says spike in violent incidents at county jails due to overcrowding
The Sheriff on Tuesday blamed the recent spike of violence at the two SF county jails located in San Bruno and the city on ...
3h
on MSN
Las Vegas area car thefts drop after TikTok challenge caused spike
Many people around the Las Vegas Valley had their cars stolen after a TikTok challenge exposed how to steal certain model KIA ...
17h
on MSN
Treasury Yields Head To 'Danger Zone': Analyst Forecasts Potential Spike To 5%, Disorderly Sell-Off For Markets
Treasury note yields at 4.7%, highest since 2023. Fed Chair Powell not confident about inflation reaching 2% soon. Bond ...
45m
on MSN
Police issue warning after spike in Range Rover thefts in Hale
Police have issued a warning to residents in a village in Trafford after a spike in Range Rover thefts. Officers said there ...
3h
European Shares Seen Sharply Lower As Geopolitical Tensions Spike
European stocks may tumble at open on Friday after Israeli missiles targeted a site in Isfahan province in Iran, raising fears of a ...
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