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 rates climbed to the highest level in nearly 23 years, ramping up the pressure on potential homebuyers.
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%.
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 ...
Robert Broeksmit, Mortgage Bankers Association CEO, joins 'Closing Bell Overtime' to talk climbing mortgage rates and what ...
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 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 ...
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 ...
(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 ...
(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 ...
(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 ...
