Mortgage Rates Today: 30-Year Rate Climbs to 6.64% as Rocket, UWM and loanDepot Stock Prices Slip
U.S. mortgage rates rose again Friday, with Mortgage News Daily reporting the average 30-year fixed loan at 6.64%, an eight-month high. The Mortgage Bankers Association said mortgage applications fell 10.5% last week as rates climbed. Rocket Companies shares dropped to $13.66, while UWM Holdings and loanDepot also declined. The 10-year Treasury yield hovered at 4.44% and consumer sentiment hit a three-month low.