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Struggling U.S. homebuyers face new hurdles as mortgage rates near 7%

Home shoppers holding out for relief from rising mortgage rates may be in for a long wait. The weekly average rate on a 30-year fixed-rate...

Average U.S. long-term mortgage rate eases to 6.3%, its second weekly...

The average long-term U.S. mortgage rate declined again this week, easing borrowing costs for prospective homebuyers during what is typically the housing market’s busiest...

Average U.S. long-term mortgage rate falls to 6.23%, ending a 3-week...

The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average...
HAZY FUTURE: Many observers aren’t sure what to expect with mortgage interest rates in the coming year now that Donald Trump is reentering the White House. His proposed economic agenda could set the stage for higher rates, or the financial market may have already factored that in. 
AP FILE PHOTO/PETER MORGAN

Under Trump, outlook for mortgage rates clouded

There’s a lot complicating Richard M. Pannone’s work life right now. As director of capital markets at Province Mortgage Associates Inc. in East Providence, Pannone...
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