Refi And Mortgage Averages Continue To Rise
Multiple benchmarks hit annual highs by week’s end, with the Fed anticipating raising interest rates six more times this year
Multiple benchmarks hit annual highs by week’s end, with the Fed anticipating raising interest rates six more times this year
Purchase and refi rates hit new heights this week as the MBA adjusted its annual outlook
Originations are expected to rise despite anticipated slowdown in existing home purchases
Averages have been slowly rising since the start of the year, and are expected to increase throughout 2022
Both 30-year and 15-year rates hit remarkable highs this week…
Many experts are now calling this the worst mortgage rate hike since 1980…
The average 30-year fixed mortgage rate hit 4.48 percent, up 16 basis points from one week ago
The Federal Reserve is expected to raise interest rates this week to help slow inflation
A number of notable mortgage and refi rates moved up beyond pre-pandemic levels
The 15-year refi and mortgage rates saw nominal increases
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