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Mortgage rates jump back over 7% as inflation fears drive yields higher

Por: CNBC Business March 03, 2023

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watch nowVIDEO1:1701:17Mortgage rates top 7%The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to .Growing fears that inflation is not cooling off are pushing Mortgage rates loosely follow the yield on the .Rates continue to move at the suggestion of economic data, and the data hasn't been friendly. This is scary considering this week's data is insignificant compared to several... + full article



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