Rates on 30-year fixed rate loans rose to 6.93% from 6.91% last week. Rates on 15-year mortgages ticked up to 6.14%.

The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining strong, it could keep going up.

The short answer for Question 1 is yes, in most cases you are supposed to report the gift. For Question 2, contributors ...

Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.

Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...