Freddie Mac says the average 30-year fixed mortgage rose to 6.71% this week, raising monthly payments and keeping both buyers and sellers on the sidelines.
Fresh labor data pointed to a stronger job market, while higher borrowing costs and sticky inflation kept pressure on consumers.
A traveler’s close call shows how airport-adjacent stations can erase the savings of filling up before drop-off.
Realtor.com says list prices fell in most major metros in August, with the sharpest drops concentrated in former pandemic boomtowns.
IRS rules give families room to help with a home purchase if the timing and the donor’s marital status are handled correctly.
Tenants say repeated maintenance failures, evacuations and unpaid rent disputes are leaving them trapped in costly leases.
Higher borrowing costs are adding monthly payment pressure, but local agents say demand has not disappeared and many buyers are still trying to move ahead.
Borrowing costs moved higher again, with the 30-year fixed average still below 7% but well above the lows seen earlier this year.
The average VA mortgage rate ticked slightly higher, while CNBC Select highlighted lenders that stand out for service, pricing and online tools.
Experts say higher Treasury yields, inflation worries and heavy government debt are keeping pressure on home loan rates and could keep buyers sidelined.