Mortgage Rates Climb Back Above 7% After Three-Week Decline
TL;DR Summary
Mortgage rates have increased to 7.03% for the first time in a month, exacerbating the home affordability crisis. The average rate on a 30-year fixed mortgage rose from 6.94% last week, while the 15-year fixed mortgage rate climbed to 6.36%.
Topics:top-news#freddie-mac#home-affordability#housing-market#interest-rates#mortgage-rates#real-estate
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