Articles tagged with #mortgage rates

The US housing market has been experiencing a significant shift in recent months, with mortgage rates continuing to rise amid economic uncertainty. As of today, the average 30-year fixed mortgage rate stands at 7.04%, up from 3.92% in January 2022. This sharp increase has left many homebuyers and re...

Mortgage Rates Plummet to Lowest Level in Over a Year Mortgage rates have reached their lowest level in over a year, providing a boost to potential homebuyers and refinancing applicants. This development comes as a welcome relief for those seeking to purchase or restructure their mortgages. Accordin...