Mortgage rates climb to 6.95%

The average rate for a 30-year fixed-rate mortgage climbed to 6.95% this week as rates remain uncomfortably high, contributing to the housing affordability crisis.


Mortgage rates fall slightly to 6.86%

Mortgage rates ticked down for the fourth straight week, but remained in the high-6% territory as the housing market continues to stall amid high rates and high home prices.