Mortgage rates
FILE - In this Thursday, Feb. 18, 2021 file photo, a new home is for sale in Madison, Ga. Mortgage rates rose above the 3% mark this week for the first time in 10 weeks, as the economic recovery from the pandemic recession continues while inflation remains elevated. Mortgage buyer Freddie Mac reported Friday, June 25 that the average for the key 30-year home loan rose to 3.02% from 2.93% last week. By contrast, the rate stood at 3.13% a year ago.(AP Photo/John Bazemore, File)
US mortgage rates rise over 3%; 30-year at 3.02%

Jun. 25, 2021 04:55 PM EDT

This March 21, 2021 photo shows an advertising sign for building land stands in front of a new home construction site in Northbrook, Ill. Mortgage rates were mostly lower this week, Thursday, June 17, as the economy continued to show signs of recovery from the pandemic recession and recent bursts of inflation were deemed temporary by federal policymakers. (AP Photo/Nam Y. Huh)
US average mortgage rates mostly lower; 30-year at 2.93%

Jun. 17, 2021 01:57 PM EDT

FILE - In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications of the economy's recovery from the pandemic recession. (AP Photo/David J. Phillip, File)
US average mortgage rates tick lower; 30-year loan at 2.96%

By The Associated Press Jun. 10, 2021 02:59 PM EDT

FILE - In this March 21, 2021 file photo, a "For Sale" sign stands along side a building lot in Wheeling, Ill. Mortgage rates were flat to higher this week, Thursday, June 3. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications of the economy’s recovery from the pandemic recession. (AP Photo/Nam Y. Huh, File)
US average mortgage rates flat to higher; 30-year at 2.99%

Jun. 03, 2021 12:50 PM EDT

A "lot for sale" sign stands along side a housing lot in Des Plaines, Ill., Sunday, March 21, 2021. Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark. Signs continued of the economy’s recovery from the pandemic recession. Mortgage buyer Freddie Mac reports, Thursday, May 27, that the average for the 30-year rate fell to 2.95% from 3% last week. (AP Photo/Nam Y. Huh)
US average mortgage rates decline; 30-year loan at 2.95%

May. 27, 2021 01:07 PM EDT

A home with a "Sold" sign is shown, Sunday, May 2, 2021, in Surfside, Fla. Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April. Signs continued of the economy’s recovery from the pandemic recession and a burst of inflation rattled stock markets. (AP Photo/Wilfredo Lee)
US average mortgage rates rise; 30-year loan at 3%

May. 20, 2021 12:09 PM EDT

"Sold" signs are seen on a lot as new home construction continues in a new development in Northbrook, Ill., Sunday, March 21, 2021. On Thursday, May 13, 2021, Freddie Mac reported that mortgage rates declined during the week, marking their fourth consecutive week below 3% and further evidence of the strength in the economy’s recovery from the pandemic recession. (AP Photo/Nam Y. Huh)
US mortgage rates fall for 4th week; 30-year dips to 2.94%

May. 13, 2021 05:31 PM EDT

US average mortgage rates down slightly; 30-year at 2.96%

May. 06, 2021 12:56 PM EDT
WASHINGTON (AP) — Mortgage rates fell slightly this week, marking their third straight week below 3% amid signs of the recovering economy’s strength. ...

A "lot for sale" sign stands along side a housing lot in Des Plaines, Ill., Sunday, March 21, 2021. Mortgage rates rose slightly this week as new economic data continues to show strength in a recovering economy. Mortgage buyer Freddie Mac reports, Thursday, April 29, that the average 30-year rate ticked up to 2.98% from 2.97% last week. (AP Photo/Nam Y. Huh)
US average mortgage rates rise slightly; 30-year at 2.98%

Apr. 29, 2021 03:52 PM EDT

FILE - In this Thursday, Feb. 18, 2021 file photo, a new home is for sale in Madison, Ga. Mortgage rates fell for the third straight week, dipping below 3% for the first time in two months. Mortgage buyer Freddie Mac reported Thursday, April 22 that the benchmark 30-year home-loan rate declined to 2.97% this week from 3.04% last week. (AP Photo/John Bazemore, File)
US average mortgage rates under 3% for first time since Feb.

Apr. 22, 2021 11:31 AM EDT

A "sale pending" sign stands along side a housing lot in Madison County, Miss., Tuesday, March 16, 2021. U.S. long-term mortgage rates continued to edge higher this week as the benchmark 30-year loan stayed above the 3% mark. Rates remain near historic lows, however. (AP Photo/Rogelio V. Solis)
US average mortgage rates fall again; 30-year loan at 3.04%

Apr. 15, 2021 12:58 PM EDT

Nathan Long, a video game writer, stands inside his rental apartment in Glendale, Calif., Thursday, April 8, 2021. He and his wife, Lili, have been unsuccessful so far in their search for a home in Los Angeles. (AP Photo/Damian Dovarganes)
Ready to buy a home? The trick is finding or affording one

By Alex Veiga Apr. 09, 2021 03:00 AM EDT

FILE - In this Sept. 25, 2020 file photo, a "sold" sign sits on a lot as new home construction continues in Westfield, Ind. Mortgage rates fell for the first time in more than two months as buyers continue to be stifled by high prices and limited supply. (AP Photo/Michael Conroy, File)
Mortgage rates dip for first time since January

By The Associated Press Apr. 08, 2021 10:26 AM EDT

Mortgage rates remain steady, 30 year loan edges up 3.18%

By The Associated Press Apr. 01, 2021 01:58 PM EDT
Mortgage rates were virtually unchanged this week, but signs indicate that the housing market is constrained by higher prices and low inventory. ...

A "sale pending" sign stands along side a housing lot in Madison County, Miss., Tuesday, March 16, 2021. U.S. long-term mortgage rates continued to edge higher this week as the benchmark 30-year loan stayed above the 3% mark. Rates remain near historic lows, however. (AP Photo/Rogelio V. Solis)
US 30-year mortgage rates jump to 3.17%, highest since June

By The Associated Press Mar. 25, 2021 12:07 PM EDT

A "sale pending" sign stands along side a housing lot in Madison County, Miss., Tuesday, March 16, 2021. U.S. long-term mortgage rates continued to edge higher this week as the benchmark 30-year loan stayed above the 3% mark. Rates remain near historic lows, however. (AP Photo/Rogelio V. Solis)
US long-term mortgage rates edge higher; 30-year at 3.09%

Mar. 18, 2021 02:35 PM EDT

A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. U.S. long-term mortgage rates again rose modestly the week of March 8, 2021, against the backdrop of an improving economy and further distribution of coronavirus vaccines. Rates remain near historic lows, however. (AP Photo/John Raoux)
US long-term mortgage rates rise again; 30-year at 3.05%

Mar. 11, 2021 07:46 PM EST

In this A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. U.S. long-term mortgage rates were steady to higher this week, Thursday, March 4, 2021, as the benchmark 30-year loan breached the 3% mark for the first time since July 2020. (AP Photo/John Raoux)
US mortgage rates steady to higher; 30-year at 3.02%

Mar. 04, 2021 12:17 PM EST

A new home is for sale in Madison, Ga., Thursday, Feb. 18, 2021. U.S. long-term mortgage rates rose this week but still remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus. (AP Photo/John Bazemore)
US long-term mortgage rates rise; 30-year average at 2.97%

Feb. 25, 2021 06:07 PM EST

A sign sits in front of a KB Home construction site, Tuesday, Feb. 2, 2021, in Simi Valley, Calif. U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and an all-time low inventory of previously occupied homes for sale. But soaring lumber prices and a shortage of construction-ready land could limit builders’ ability to capitalize on the strong housing market trends, analysts say. .(AP Photo/Mark J. Terrill)
Builders grapple with land shortage, soaring lumber costs

By Alex Veiga Feb. 25, 2021 11:44 AM EST