The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market.

For the second consecutive week mortgage rates moved higher, as the likelihood of the Federal Reserve acting diminished after the Consumer Price Index report.

The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

Average mortgage rates in June are 62 basis points down on the same period last year and mortgage applications are up 41.7% year-on-year.

The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed uncertainty around tariffs.

Inflation data out Tuesday showed early signs of tariff-induced price growth. Here's why that's not good news for mortgage rates.

The rate on a 30-year fixed refinance increased to 6.77% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.67%. For 20-year mortgage refinances,

After a five-week decline, mortgage rates have now climbed for two straight weeks. We break down how much the increase could cost you on your monthly payment.

Mortgage rates are up, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.76%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.