US Real Estate

US Mortgage Rates Top 7 Percent

Rates on the benchmark 30-year fixed mortgage have climbed above 7 percent amid tariff and bond market turbulence.
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US Mortgage Rates Top 7 Percent
Workers construct new homes in a development in Loveland, Colo., on June 25, 2024. David Zalubowski/AP Photo
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Mortgage rates topped 7 percent on April 11 amid a bond market selloff as markets absorbed the latest developments in U.S. trade policy and global responses.

The average rate on a 30-year fixed mortgage jumped by 13 basis points to 7.1 percent, the highest since February, according to Mortgage News Daily.
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Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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