Skip to content
The Odessa

Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%

Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%
Photo: Odessa American (oaoa.com) · view original

By ALEX VEIGA AP Business Writer The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate increases. The weekly average rate on a 30-year fixed-rate home lo...

Sources and story details