https://housingnewsletters.com/thomaspayne/6ac020953e5225979160078f
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๐จ Breaking News ๐จ
๐บ 30 Year Fixed Mortgage Rate Hits Nearly Three Year High at 7.28%.
South Florida Media โ Floridaโs Free News Leader
Article Link: sfl.media/30-year-fixe...
#MortgageRates #HousingMarket #Homebuyers #FinanceNews #SouthFloridaMedia
๐ 30-year fixed: around 7.4%.
๐ธ 15-year fixed: around 6.7%.
๐ ARM & govt loans: rates vary by type and lender.
#MortgageRates #HomeLoans #ARM #FHA #VAMortgage
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The average rate on a U.S. 30-Year Fixed Rate Conforming #mortgage on 01 October was at 7.368%. Relative to the prior week, the rate has increased by about 0.23 p.p. #mortgagerates #econsky
US 30-year mortgage rates crossed 7.0% again.
Record prices combined with 7% borrowing costs leave buyers priced out, while homeowners refuse to surrender 3% pandemic paper.
Housing remains frozen.
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If Happy-Face Hassett really believes that, the best thing he could do is tender his immediate resignation. #MortgageRates