Mortgage rates hit 7.4 percent for first time since November 2023

From The Hill

Mortgage rates increased again this week, with the average 30-year rate hitting 7.4 percent for the first time since November 2023, Freddie Mac reported Thursday. The average 30-year mortgage rate rose 12 basis points from last week, when it was 7.28 percent, according to the government-sponsored company. This rate has risen for seven consecutive weeks…

Source Author
Author: Source Author

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *