Mortgage rates forecast

Mortgage rates were unchanged over the past week, but appear to be headed higher with a robust summer home sales season expected, according to Freddie Mac.

Mortgage rates dipped slightly over the past week as yields on the 10-year Treasury retreated after breaking the 3% barrier, according to Freddie Mac.

Mortgage rates rose to their highest level in over four years, as 10-year Treasury yields broke the 3% ceiling this past week.

If 10-year Treasury yields remain at or above 3%, the average 30-year fixed-rate mortgage could hit 5% sooner than previously expected.

Yields on the 10-year Treasury hit their highest level since the start of 2014 and got very close to cracking the 3% mark, signaling a potential spike in mortgage rates.

Mortgage rates jumped across the board to their highest point this year as 10-year Treasury yields rose in the past week over economic headlines, according to Freddie Mac.

Mortgage rates increased a scant two basis points this past week, holding steady recently after their rapid rise at the start of this year, according to Freddie Mac.

Mortgage rates dropped as the stock market downturn at the start of the week drove yields on the 10-year Treasury lower.

Mortgage rates held largely steady for the week, dropping only 1 basis point, according to Freddie Mac.

Despite soaring home prices, other factors needed to inflate a housing bubble are absent from the real estate market. But experts warn falling home values and rising mortgage defaults are inevitable, even if conditions naturally cool off.

Mortgage rates posted a slight increase this week following the Federal Open Markets Committee's decision to boost short-term rates by 25 basis points, according to Freddie Mac.

After increasing for nine consecutive weeks, mortgage rates dropped for the first time in 2018, according to Freddie Mac's Primary Mortgage Market Survey.

Mortgage rates increased for the ninth consecutive week, moving in reaction to bond and stock market volatility.

The new Federal Reserve Board chairman's testimony in Congress was the driver of this week's mortgage rate increase, according to Freddie Mac.

The 30-year fixed mortgage rate moved up for the seventh consecutive week with further increases possible as bond yields rise over concerns about higher inflation.

The recent bond market volatility will cause mortgage rates to rise to a higher level than previously projected, according to Fannie Mae.

Mortgage rates rose to their highest level in almost four years, as worries over inflation drove the 10-year Treasury yield to just shy of 3%.

Mortgage rates hit their highest mark since December 2016 as bond yields were affected by the roller coaster stock market, according to Freddie Mac.

Mortgage rates, which are significantly higher since the start of the year, are likely to rise for weeks to come, according to Freddie Mac.

Mortgage rates rose for the third consecutive week and with expected continued economic growth, further increases are likely.