Por: ABC News Business August 27, 2023
LOS ANGELES -- The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to prospective homebuyers grappling with rising home prices and a stubbornly low supply of properties on the market. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan jumped to 7.23% from 7.09% last week. A year ago, the rate averaged 5.55%.It’s the fifth... + full article
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The spike in mortgage rates this week continues a monthslong trend that has dramatically of home loans – but the exact price hike may surprise some homebuyers.The 30-year fixed-rate mortgage leapt to 7.08% on Thursday, reaching heights last seen more than 20 years ago,... + más
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