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Mortgage News

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News for: WTOP
Showing 1 - 2 of 2 results
Mar 12, 2026 2:39 PM — Mortgage Rates
Average US long-term mortgage rate rises to 6.11%, back to where it was 5 weeks ago
The average long-term U.S. mortgage rate rose to 6.11% from 6% last week due to bond market jitters over the war with Iran. Borrowing costs on 15-year fixed-rate mortgages also rose. Treasury yields have increased recently as rising oil prices led to inflation concerns, potentially impacting the Federal Reserve's interest rate decisions and mortgage rates. The U.S. housing market remains sluggish,... more
Jul 15, 2025 3:00 AM — Mortgage Rates
‘US housing market is in a strange place’: Survey finds more Americans are reluctant to sell their homes
Many American homeowners are not willing to sell their homes due to the rising mortgage rates, with over half saying they would need a mortgage rate lower than 5% to feel comfortable buying a new home. The recent increase in mortgage rates is attributed to the strong economic recovery following the pandemic.
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