Rate for 30-year mortgage climbed from 5.23% to 5.78% this week, the highest since November of 2008 during the housing crisisAverage long-term US mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in an effort to tame high inflation.Mortgage
Source: the guardian
Summary automatically generated by NewSUM A.I. from the following sources:
- Long-term US mortgage rates see biggest one-week jump in 35 years (the guardian)
- Average US mortgage rates jump by most in 35 years (washington times)
