U.S. mortgage rates reach a one-year high after five straight weekly increases
The average U.S. long-term mortgage rate rose for a fifth consecutive week by Aug. 7, reaching its highest level in just over a year as home prices remained elevated.
Federal Housing Finance Agency
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U.S. 30-Year Mortgage Rate Rises to 6.69%, Highest Since 2025
The average U.S. 30-year fixed mortgage rate rose for a fifth consecutive week, while home prices continued to increase and June construction data sent mixed signals about housing supply.
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FHFA Cybersecurity Audit Finds Program Not Effective
A July 30 FHFA inspector-general audit rated the agency’s information-security program Level 2 and cited overdue assessments and inactive privileged accounts.