Mortgage Rates Today: 30-Year Home Loan Rates Climb Above 6.5% Ahead of a Thin but Risky Week
U.S. mortgage rates climbed above 6.5% Friday, the highest since September, as 10-year Treasury yields neared 4.37%. Refinance applications fell 19% last week, with total mortgage applications down 10.9%. New-home sales dropped 17.6% in January to a 587,000 annual pace. Analysts now see a 25% chance of a Fed rate hike by December.