U.S. Mortgage Rates Top 7%, Highest in More Than 20 Years

The rate on a 30-year fixed mortgage averaged 7.08% this week, according to a survey of lenders by mortgage giant Freddie Mac. Just seven weeks ago, the rate was below 6%. A year ago it was just over 3%.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *