U.S. Mortgage Rates Jump Above 7% for the First Time This Year

Entrepreneurs Press Magazine

Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market. Real Estate and Housing (Residential), Mortgages, Interest Rates, United States Economy, Federal Home Loan Mortgage Corp (Freddie Mac), United States Read More

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