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1 week ago

Mortgage rates jump to highest level in almost a year

Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.55% – the highest level since August 2025 – from last week's reading of 6.49%. The average rate on a 30-year loan was 6.75% a year ago.SILICON VALLEY ELITE SHIFT RECORD WEALTH TO BUILD FLORIDA'S NEW 'TECH CAPITAL'MEDIAN US HOME PRICE PROJECTED TO HIT $1 MILLION BY 2050 — RIGHT AS MILLENNIALS RETIRE"Purchase application demand has weakened...