Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of mortgage is a conventional loan with a 15-year fixed interest rate.

The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

A Moody’s economist warns that rising mortgage rates could turn the housing market into a major drag on the U.S. economy.

It's a bit of a stretch to refer to the past week as a "losing streak" for mortgage rates. The worst part about it was the consistency of upward movement starting last Wednesday. In terms of the

Bond market expert and mortgage broker, Hovig Khatchadourian, predicts a slow and consistent downward shift in mortgage rates based on trends in the 10-Year U.S. Treasury Note. Homebuyers and investors can use the information to make informed financial decisions.

Long-term US mortgage rates rose after a 5-week decline but are expected to stay stable. Higher rates may impact home sales and mortgage applications. Benzinga.

Mortgage rates are still twice as high as they were in 2020 and 2021 during the pandemic homebuying boom. But for homebuyers who have been waiting months for rates to come down, the increase in purchasing power is notable.

While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.