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%.
Mortgage rates climbed to the highest level in nearly 23 years, ramping up the pressure on potential homebuyers.
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 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 ...
Average Long-Term US Mortgage Rate Climbs to 7.09% This Week to Highest Level in More Than 20 Years The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 ...
(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 ...
