Sep 21, 2023

Inflation: Mortgage Rates Head Higher Again, Rise to 7.18%


Mortgage Rates Head Higher Again, Rise to 7.18%


'1 to 6.7% currently. In a grim indicator ...The average long-term U.S. mortgage rate edged up this week, pushing higher the borrowing costs for prospective homebuyers already facing a housing market limited by a dearth of homes for sale and rising prices. The average rate on the benchmark 30-year home loan rose to 7.18%...'


Reference: www.floridarealtors.org
Tags: Biden Accomplishments,Biden Legacy,Inflation,Bidenomics,Bidenomis vs. Mortgage Rates,


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