Mortgage Rates Fall Below Seven Percent
Both 15-year fixed and 30-year fixed refinances also saw their mean rates drop significantly
Both 15-year fixed and 30-year fixed refinances also saw their mean rates drop significantly
The week-long reprieve was short lived as the average 30-year fixed jumped this week
Stop the presses! After weeks on the rise, a number of popular loan options retreated this week…
The average 30-year mortgage hit 7.32 percent by week’s end
The average rate for a 30-year fixed loan moved well past 7 percent this week
The application index was down 68.7 percent compared to the same period in 2021
The average 30-year fixed rate approached 7 percent this week
A number of fixed mortgage rates have hit unforeseen heights, having many questioning just how high will they go?
Many of the more popular loan options have now hit historic highs following last year’s incredibly low rates
The average interest rate for a standard 30-year fixed mortgage hit 6.28 percent this week
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