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.

Mortgage rates continued to climb up, as strength of the economy put upward pressure, while lack of entry-level supply ...

Freddie Mac’s benchmark rate for a 30-year mortgage increased for the second week in a row and is now averaging 6.85% for the ...

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