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Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

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Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts


None The 30-year fixed-rate mortgage just broke 7% for the first time this year, the highest since November 2023. • None Home purchase mortgage applications surged by 5% this week as buyers rushed to get through a narrowing window of opportunity. The 30-year fixed-rate mortgage just broke 7% for…

#nonehome #freddiemac #federalreserve #samkhater #chenzhao #redfin #conniedurnal #dallas #matthewgraham #coo

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