“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
5 strategies for smarter outreach, networking
Between rising mortgage rates and soaring loan production costs this year, many lenders and brokerage leaders are reducing headcount to preserve their bottom line. As a result, many mortgage and real estate professionals may find […]
Mortage News
Could 7% Mortgage Rates Finally Sink Home Prices?
KEY TAKEAWAYS The average rate on a 30-year mortgage has risen to a 21-year high, putting more pressure on homebuyers. Home prices have stayed resilient even amid higher mortgage rates because the low number of […]
Housing Wire
Mortgage rates climb as US yields hit highest level since 2008
Mortgage rates continued to climb this week as U.S. bond yields hit their highest level since 2008. Despite the turbulence, some analysts said a debt crisis is not imminent. According to those analysts, investors in […]