Mortgage rates surge to highest level since July

Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.

Average 30-year fixed mortgage rate rises to 6.75%

CNBC's Diana Olick reports on the average 30-year fixed mortgage rate rising to 6.75%, according to the latest read from Mortgage News Daily.

Pending home sales rose 1.4% in April

CNBC’s Diana Olick breaks down the newest housing data.

A Shifting Housing Market Drives Down Payments to Four-Year Low

The typical down payment fell to $23,400 in the first quarter of 2026, the lowest level since 2021, according to the latest Realtor.com® Down Payment Report. That represents a 19% decline year-over-year and the fourth consecutive quarterly drop, as rising inventory and moderating prices give buyers