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Oct 20, 2023 · . After plummeting to historical lows during the pandemic, mortgage rates have shot up faster than just about anyone anticipated. As of Oct. 18, Bankrate’s weekly average on a 30-year...
Aug 26, 2023 · Aug. 26, 2023. Mortgage rates are running at a 22-year high, crimping a housing market already squeezed by high prices. Home buyers face an average rate of 7.23 percent on a 30-year fixed-rate...
Mar 9, 2021 · March 9, 2021 - 9 min read. Are mortgage rates going up? Mortgage rates have been on an upward trend in 2021. January started off with a record-low 30-year mortgage rate of 2.65%. But...
Dec 7, 2023 · Why are mortgage rates going up? As we’ve just covered, inflation is at the core of why mortgage rates have been going up. Whether they’ll continue to rise will depend on how the Feds feel about their efforts as they monitor the country’s inflation gauges .
Jul 19, 2023 · "The main reason mortgage rates are so high (and may go higher) is due to the increased inflation we have seen in the economy in recent years," says Craig Toberman, CFA, CPA, CFP, Founder of...
Aug 4, 2023 · 04 Aug 2023. Share. Contents. Why are mortgage rates going up? Why mortgage rates are going up: How inflation plays a factor. 7 reasons why mortgage rates are going up. Why...
Feb 11, 2022 · . Historically low mortgage rates are fading fast. After hitting an all-time low in January 2021, mortgage rates have returned levels last seen in the early days of the pandemic. The...