NYT: U.S. Mortgage Rate Jumps to 7.09% - Highest Level Since 200219000
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 WGAN ForumFounder & WGAN-TV Podcast Host Atlanta, Georgia |
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| The New York Times (17 August 2023) U.S. Mortgage Rate Jumps to Highest Level Since 2002 Mortgage rates jumped to a 21-year high this week, climbing back above 7 percent and making it even harder for buyers to afford homes in an already difficult market. The average 30-year fixed-rate mortgage — the most popular home loan in the United States — was 7.09 percent, up from 6.96 percent last week, Freddie Mac said on Thursday. A year earlier, the 30-year rate was 5.13 percent, reports The New York Times today (17 August 2023). Source: The New York Times |
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