{"id":8503,"date":"2026-06-11T21:25:54","date_gmt":"2026-06-11T21:25:54","guid":{"rendered":"https:\/\/stock999.top\/?p=8503"},"modified":"2026-06-11T21:25:54","modified_gmt":"2026-06-11T21:25:54","slug":"mortgage-rates-climb-as-homebuyers-push-past-market-jitters","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=8503","title":{"rendered":"Mortgage rates climb as homebuyers push past market jitters"},"content":{"rendered":"

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SlateStone Wealth chief market strategist Kenny Polcari discusses whether investors are too dependent on AI, Space X’s IPO and his outlook for the markets on ‘Varney & Co.’<\/p>\n

Mortgage rates jumped this week, mortgage buyer Freddie Mac said Thursday.<\/p>\n

Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.52% from last week’s reading of 6.48%.<\/p>\n

The average rate on a 30-year loan was 6.84% a year ago.<\/p>\n

MORTGAGE RATES JUMP AS INFLATION FEARS, IRAN WAR WEIGH<\/p>\n

Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.52% from last week’s reading of 6.48%. (iStock)<\/p>\n

“The 30-year fixed-rate mortgage averaged 6.52% this week,” Sam Khater, chief economist at Freddie Mac, said in a statement.\u00a0<\/p>\n

“Stronger employment momentum has helped existing home sales reach a five-month high. Importantly, we’re seeing homebuyers look past the short-term rate fluctuations and actively enter the market, signaling renewed confidence in homeownership opportunities.”<\/p>\n

FORECLOSURES HIT HIGHEST LEVEL IN 6 YEARS AS INSURANCE, PROPERTY TAX COSTS SQUEEZE HOMEOWNERS<\/p>\n

The average rate on a 15-year fixed mortgage rose to 5.84% from last week’s reading of 5.79%. (iStock)<\/p>\n

The average rate on a 15-year fixed mortgage rose to 5.84% from last week’s reading of 5.79%.<\/p>\n

The U.S. added 172,000 jobs in May, beating forecasts, while unemployment held steady at 4.3%. The strong report may lower hopes for near-term interest rate cuts, according to Realtor.com economist Jiyai Xu.<\/p>\n

TRUMP ADMINISTRATION MAKES FANNIE, FREDDIE CHANGE IT SAYS WILL BENEFIT ‘TENS OF MILLIONS’ OF AMERICANS<\/p>\n

The Labor Department also reported that the Consumer Price Index rose 4.2% year over year in May, the highest since April 2023.\u00a0 (Getty Images)<\/p>\n

The Labor Department also reported that the Consumer Price Index rose 4.2% year over year in May, the highest since April 2023.\u00a0<\/p>\n

Core inflation, excluding food and energy, rose 2.9%, according to Realtor.com.<\/p>\n

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“What began as a question of when the Fed would cut rates has quietly shifted,” Xu said in a statement. “Ongoing global tensions and rising energy prices have prompted some to wonder whether a rate increase may be back on the table.”<\/p>\n

#Mortgage #rates #climb #homebuyers #push #market #jitters<\/p>\n","protected":false},"excerpt":{"rendered":"

SlateStone Wealth chief market strategist Kenny Polcari discusses whether investors are too dependent on AI,…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[1650,1841,13265,33,1952,4991,2152],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/8503"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8503"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/8503\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}