Real Estate

US Mortgage Rates Surge by Most in a Year as Tariffs Hit Markets

Homes in Irvington, New Jersey.

Photographer: Gabriela Bhaskar/Bloomberg
Lock
This article is for subscribers only.

Mortgage rates in the US rose for the first time in four weeks, posting the biggest weekly jump since April 2024.

The average for 30-year loans was 6.83%, up from 6.62% last week, Freddie Mac said in a statement.