Thus, the average rate on 30-year mortgage loans increased to 6.58%…
Thus, the average rate on 30-year mortgage loans increased to 6.58% per year compared to 6.55% the week prior.
Consensus
- Mortgage interest rates in the United States have been rising for four consecutive weeks.
- The average rate on 30-year fixed-rate mortgage loans reached its highest level in nearly one year.
- The increase in mortgage rates is linked to growing concerns about Middle East tensions and potential oil price hikes.
Points of divergence
- The average interest rate on 30-year mortgages reached 6.76% as of the week ending July 24, up from 6.69% the previous week. — interfax
- Freddie Mac reported a 30-year mortgage rate of 6.58%, up from 6.55% the prior week. — vesti
- The increase in rates followed a rise in U.S. Treasury bond yields, with analysts warning that Middle East conflict could prompt the Federal Reserve to raise its key interest rate, and investors see over 90% probability of such a hike by year-end. — interfax
- Freddie Mac calculates average rates based on data from 80 lending institutions across the country, noting that these figures do not include fees or other mortgage-related charges. — vesti
Coverage (2 sources)
- В США ставки по ипотеке достигли максимума почти за год — Интерфакс
- Mortgage rates in the US begin to rise — Вести