“Mortgage rates increased to their highest level since November 2022,” said Freddie Mac’s Sam Khater.
The post Mortgage Rates Rise to Just Under 7% appeared first on Weekly Real Estate News.
Mortgage Rates Rise to Just Under 7%
Housing Wire
Mortgage rates are the highest they’ve been this year. Did loan officers expect this?
“Recovery year” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more […]
Housing Wire
Higher mortgage rates, wider spreads follow debt ceiling impasse
The debt limit fight between the Republican-controlled House of Representatives and President Joe Biden’s White House is adding pressure to a shrinking mortgage market. Amid the rising risk of government default, mortgage rates increased to […]
New York Post
February home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dip
Sales of previously occupied US homes rose in February from the previous month to the strongest pace in a year with homebuyers encouraged by a modest pullback in mortgage rates and more properties on […]