Mortgage rates moved sharply higher this week, ultimately reaching their highest levels since early 2025. Most of the damage took place on Wednesday and Thursday, but Friday ultimately made things slightly worse. The average top-tier 30yr fixed rate rose almost a quarter of a percent in total.
Source: Kevin Litwicki MBSLIVE
Oil and Inflation Push Mortgage Rates to Highest Levels Since Early 2025
Highest Mortgage Rates in 15 Months, But Some Push Back on Fed Hike Expectations
Mortgage rates hit their highest level since June 2025 this week. While that milestone sounds ominous, it was the product of gradual movement and logical motivations.
Source: Kevin Litwicki MBSLIVE
Highest Mortgage Rates in 15 Months, But Some Push Back on Fed Hike Expectations