Rates hit an eight-month high but are still lower than they were a year ago.

The average rate on a 30-year fixed mortgage rose this week to 6.51%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.36%.

Mortgage rates are climbing again as the Iran conflict rattles markets and leaves homebuyers wondering how high rates could go.

The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending.

Keeping up-to-date on mortgage rate trends can help you spot opportunities to lock in a better rate and provide a useful benchmark when comparing lenders. Because mortgage rates change daily — sometime even multiple times a day — it’s worth comparing and tracking mortgage rates regularly to stay on top of recent changes in the mortgage rate and where rates stand today.

The Bank of England's Monetary Policy Committee (MPC) voted to hold interest rates at 3.75% at its last meeting in April. Interest rate movements are influ

The 30-year mortgage rate increased to 6.51% this week and looks poised to keep rising.

Wednesday brought some much-needed relief for the mortgage market after rates surged to new 9 month highs of 6.75% yesterday. Whereas that rate spike was decoupled from the prevailing narrative of war-related headlines,