Mortgage rates surge past 7%, reaching highest level since November

Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home affordability crisis. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. A year ago, the average…#freddiemac #federalreserve #samkhater #freddiemacs #treasury #nar #lawrenceyun
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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