Mortgage Rates Reach 21-Year High, Impacting Housing Affordability
Washington, DC – In a notable development, US mortgage rates have experienced a sharp increase, reaching their highest point in over two decades. The Surge in Mortgage Rates According to recent data released by Freddie Mac, the average rate for a 30-year fixed-rate mortgage climbed to 7.09% during the week ending August 17. This marked…
