The average rate on a 30-year fixed mortgage in the United States has climbed to 6.91%, according to Freddie Mac, marking the highest level since July. This increase in mortgage rates is indicative of broader trends in the housing market, reflecting shifts in economic conditions and Federal Reserve policies.
Tag: Freddie Mac
US 30-Year Mortgage Rate Reaches 6.91%, Marking Highest Level Since July
The average rate on a 30-year fixed mortgage in the United States has surged to 6.91%, according to Freddie Mac. This figure represents the highest rate observed since July, reflecting ongoing trends in the housing market and broader economic conditions.
US Mortgage Rates Reach Highest Level Since July
The average rate on a 30-year fixed mortgage in the United States has surged to 6.91%, according to Freddie Mac. This marks the highest level since July, reflecting ongoing shifts in the housing market and broader economic conditions. The increase in mortgage rates is expected to impact home affordability and buyer sentiment as the housing market continues to adjust.
Surge in 30-Year US Mortgage Rates Reaches 6.91% According to Freddie Mac
The average rate on a 30-year fixed mortgage in the United States has risen to 6.91%, marking the highest level since July, as reported by Freddie Mac. This increase reflects ongoing trends in the housing market and has significant implications for prospective homebuyers and the overall economy.