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Taylor Getler

Weekly Mortgage Rates Climb as Inflation Hits Three-Year High

Weekly Mortgage Rates Climb as Inflation Hits Three-Year High

Mortgage rates are up, as new data shows annual inflation has reached its highest level since 2023. The average rate on a 30-year fixed-rate mortgage rose six basis points to 6.43% APR in the week ending June 11, according to rates provided to NerdWallet by Zillow. (A

Want to Use a HELOC to Pay Off Debt? Read This First

Want to Use a HELOC to Pay Off Debt? Read This First

If you have high-interest debt, you could consider paying it off with your home’s equity. One way to do this is with a home equity line of credit, or HELOC. Since HELOCs are secured by your home, you can usually get lower interest rates than with credit cards

June Mortgage Outlook: Rates Could Climb as Hopes Fade for a Fed Cut

June Mortgage Outlook: Rates Could Climb as Hopes Fade for a Fed Cut

Mortgage rates are likely to move up in June, though the increase might not be as severe as what customers are seeing at the gas station. Mortgage rates have risen since the U.S. war with Iran began, as gas prices (and subsequently, inflation) jumped. Despite persistent promises from President

Weekly Mortgage Rates Rise as Fed Preps for a New Era

Mortgage rates ended last week on an optimistic note, as markets were encouraged by news of peace talks between Washington and Tehran. The conversation this week is much more dour. On Wednesday, the Senate blocked efforts to end the war, the seventh such measure put forth by Democrats. Tuesday saw

Weekly Mortgage Rates Flat; Jobs Report Is Surprisingly Strong

Weekly Mortgage Rates Flat; Jobs Report Is Surprisingly Strong

Weekly mortgage rates stayed largely flat, breaking a six-week streak of increases. Rates remain stubbornly elevated compared to where they were at the beginning of 2026. On a day-to-day basis, the average 30-year rate has been flirting with 6.5% APR. If it does reach that

Mortgage Rates May Keep Rising Even as Fed Holds Steady

Mortgage Rates May Keep Rising Even as Fed Holds Steady

The Federal Reserve voted to hold the overnight borrowing rate steady Wednesday, which analysts had widely expected. Mortgage rates increased in the lead up to today’s Fed meeting, as markets prepared for rising inflation fueled by spiking oil prices. When oil costs rise, it becomes more expensive to produce

Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy

Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy

Mortgage rates increased this week following news of a new war in the Middle East. In the week ending March 6, the average 30-year fixed mortgage rate went up seven basis points from the week prior to 5.94%, according to rates provided to NerdWallet by Zillow. (A basis