3 weeks ago
Mortgage rates climbed again this week, exacerbating nan location affordability situation that is stifling nan lodging market.
An "Open House" motion extracurricular of a location successful Washington, D.C., connected Nov. 19, 2023. (Nathan Howard/Bloomberg via Getty Images / Getty Images)
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that nan mean complaint connected nan benchmark 30-year fixed mortgage jumped to 7.17% this week from 7.1% past week. The mean complaint connected a 30-year indebtedness was 6.43% a twelvemonth ago.
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The mean complaint connected nan 15-year fixed owe roseate to 6.44% from 6.39% past week. One twelvemonth ago, nan complaint connected nan 15-year fixed statement averaged 5.71%.
