US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted.
US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also rose.
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 7.09% from 6.96% last week. A year ago, the rate averaged 5.13%.
LOS ANGELES -- The average long-term U.S. mortgage rate slipped after climbing for five consecutive weeks to a more than 20-year high, a modest relief for would-be homebuyers challenged by rising ...
US mortgage rates ticked down this week, ending a five-week stretch of increases, but remained above 7% amid lingering inflation. The 30-year fixed-rate mortgage averaged 7.18% in the week ending ...
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains ...
The average rate on 15-year fixed-rate mortgages, popular with those refinancing their homes, rose to 6.46% from 6.34% last week. A year ago, it averaged 4.55%, Freddie Mac said.
U.S. mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted.
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains ...
(AP) - The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains ...
