Mortgage Rates Surpass 6 Percent for First Time in 14 Years
trendsinthenews.substack.com
In the week ending 15 September, the average national interest rate on a f ixed-rate, 30-year home mortgage was 6.02 percent, according to the Federal Home Loan Mortgage Corporation (Freddie Mac). The rate rose from 5.89 percent the previous week and is more than double the 2.86 percent average a year ago.
Mortgage Rates Surpass 6 Percent for First Time in 14 Years
Mortgage Rates Surpass 6 Percent for First…
Mortgage Rates Surpass 6 Percent for First Time in 14 Years
In the week ending 15 September, the average national interest rate on a f ixed-rate, 30-year home mortgage was 6.02 percent, according to the Federal Home Loan Mortgage Corporation (Freddie Mac). The rate rose from 5.89 percent the previous week and is more than double the 2.86 percent average a year ago.