Mortgage Rates Hit 7%. What’s Next for the Housing Market?
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YouTubeBob Sharpe
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The average rate on the popular 30-year fixed #mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. Read more at the #linkinbio or the link on screen. #CNBC
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Here's why you should put 5% down if you can recast the mortgage. Be sure to reach out if you need help with this and follow for more content like this.
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TikTok_theloanwhisperer
6:24
The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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TikTokpbsnews
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Crazy to look back at the market we were in versus now 🤯 @Your Mortgage Lender #nashvilletn #housingmarket #economy #interestrates #homebuying
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TikTokthenashgalsgroup
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