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U.S. Mortgage Rates Climb Above 7%, a 21-Year High

The average 30-year fixed-rate mortgage has climbed above 7 percent, making it harder for buyers to afford homes, which are already in short supply. [Source]

Publication Date:

Origin: nytimes.com

Category: Real Estate and Housing (Residential)

Topics: supply, short, already, which, homes, afford, buyers, harder, making, percent, above, climbed, mortgage, fixed-rate, 30-year, average, 21-Year, Above, Climb, Rates, Mortgage

Source: https://www.nytimes.com/2023/08/17/business/mortgage-rates-housing-market.html