Closing Costs for Buying a Home Have Risen Along With Rates
Posted inBanking and Financial Institutions Consumer Federation of America Consumer Financial Protection Bureau Content Type: Service Interest Rates Mortgage Bankers Assn of America Mortgages Personal Finances Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Title Insurance

Closing Costs for Buying a Home Have Risen Along With Rates

These mortgage fees increased 22 percent from 2021 to 2022. One likely factor is the greater use of discount points to nudge interest rates down.
U.S. Mortgage Rates Soar Past 7%
Posted inBanking and Financial Institutions Credit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Federal Reserve System Inflation (Economics) Interest Rates Mortgage Bankers Assn of America Mortgages National Assn of Realtors Real Estate and Housing (Residential) United States Economy

U.S. Mortgage Rates Soar Past 7%

The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases.