Rising Mortgage Rates Threaten to Keep Homebuyers Quiet -- Market Talk

Dow Jones

May 30, 2025

1302 ET - Mortgage rates rose to 6.89% this week, posing significant challenges for homebuyers and keeping the "lock-in effect" in place, says Realtor.com senior economist Jake Krimmel. According to Freddie Mac the 30-year mortgage rate rose 3 basis points to its highest level since Feb. 6. "With rates threatening to cross 7% for the first time since January," Krimmel says, "the 'lock-in effect'--where current homeowners are reluctant to sell and give up their lower mortgage rates--shows no signs of easing up." According to a recent Realtor.com survey, just 2% of respondents said they would be willing to buy with rates above 6%. But new listings and total homes for sale continued to rise last month, and homes are staying on the market for longer. Buyers may be regaining some bargaining power despite rising interest rates. (chris.wack@wsj.com)

(END) Dow Jones Newswires

May 29, 2025 13:02 ET (17:02 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2539267129"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2539267129\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2539267129?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-30 01:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2539267129","market":"hk","top_or_hot":-1,"title":"Rising Mortgage Rates Threaten to Keep Homebuyers Quiet -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1302 ET - Mortgage rates rose to 6.89% this week, posing significant challenges for homebuyers and keeping the \"lock-in effect\" in place, says Realtor.com senior economist Jake Krimmel. According to Freddie Mac the 30-year mortgage rate rose 3 basis points to its highest level since Feb. 6. \"With rates threatening to cross 7% for the first time since January,\" Krimmel says, \"the 'lock-in effect'--where current homeowners are reluctant to sell and give up their lower mortgage rates--shows no signs of easing up.\" According to a recent Realtor.com survey, just 2% of respondents said they would be willing to buy with rates above 6%. But new listings and total homes for sale continued to rise last month, and homes are staying on the market for longer. Buyers may be regaining some bargaining power despite rising interest rates. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2025 13:02 ET (17:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rising Mortgage Rates Threaten to Keep Homebuyers Quiet -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRising Mortgage Rates Threaten to Keep Homebuyers Quiet -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-30 01:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1302 ET - Mortgage rates rose to 6.89% this week, posing significant challenges for homebuyers and keeping the \"lock-in effect\" in place, says Realtor.com senior economist Jake Krimmel. According to Freddie Mac the 30-year mortgage rate rose 3 basis points to its highest level since Feb. 6. \"With rates threatening to cross 7% for the first time since January,\" Krimmel says, \"the 'lock-in effect'--where current homeowners are reluctant to sell and give up their lower mortgage rates--shows no signs of easing up.\" According to a recent Realtor.com survey, just 2% of respondents said they would be willing to buy with rates above 6%. But new listings and total homes for sale continued to rise last month, and homes are staying on the market for longer. Buyers may be regaining some bargaining power despite rising interest rates. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2025 13:02 ET (17:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03650","symbol_name":"KEEP","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2539267129","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539267129","pubTimestamp":1748538120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1302 ET - Mortgage rates rose to 6.89% this week, posing significant challenges for homebuyers and keeping the \"lock-in effect\" in place, says Realtor.com senior economist Jake Krimmel. According to Freddie Mac the 30-year mortgage rate rose 3 basis points to its highest level since Feb. 6. \"With rates threatening to cross 7% for the first time since January,\" Krimmel says, \"the 'lock-in effect'--where current homeowners are reluctant to sell and give up their lower mortgage rates--shows no signs of easing up.\" According to a recent Realtor.com survey, just 2% of respondents said they would be willing to buy with rates above 6%. But new listings and total homes for sale continued to rise last month, and homes are staying on the market for longer. Buyers may be regaining some bargaining power despite rising interest rates. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03650":"KEEP","BK4585":"ETF&股票定投概念","NWS.AU":"NEWS CORP - CLASS B- CDI","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","BK4111":"出版","BK1215":"特殊消费者服务","NWSA":"新闻集团","BK7038":"出版","BK4588":"碎股","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","NWS":"新闻集团"},"translate_title":"抵押贷款利率上升可能会让购房者保持沉默——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWS":0.9,"03650":1,"NWS.AU":0.9,"NWSA":0.9},"content_text":"1302 ET - Mortgage rates rose to 6.89% this week, posing significant challenges for homebuyers and keeping the \"lock-in effect\" in place, says Realtor.com senior economist Jake Krimmel. According to Freddie Mac the 30-year mortgage rate rose 3 basis points to its highest level since Feb. 6. \"With rates threatening to cross 7% for the first time since January,\" Krimmel says, \"the 'lock-in effect'--where current homeowners are reluctant to sell and give up their lower mortgage rates--shows no signs of easing up.\" According to a recent Realtor.com survey, just 2% of respondents said they would be willing to buy with rates above 6%. But new listings and total homes for sale continued to rise last month, and homes are staying on the market for longer. Buyers may be regaining some bargaining power despite rising interest rates. (chris.wack@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 29, 2025 13:02 ET (17:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}