The average 30-year mortgage rate has reached 7.03 percent, the highest level since January 2025. This figure is an increase from 6.95 percent the previous week, according to data from Freddie Mac. This marks the fifth consecutive week of rising mortgage rates.
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Average 30-Year Mortgage Rate Reaches 7.03 Percent
The average 30-year mortgage rate has increased to 7.03 percent, the highest since January 2025. This rise follows a previous rate of 6.95 percent last week and represents the fifth consecutive weekly increase in mortgage rates.
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Benchmark mortgage rate tops 7 percent, highest in 2 years
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Average 30-Year Mortgage Rate Reaches 7.03 Percent