Mortgage Rates Spike For 6th Straight Week
Freddie Mac survey finds 30-year fixed-rate mortgages now average 6.7%, more than double the rate at this point last year.
Freddie Mac survey finds 30-year fixed-rate mortgages now average 6.7%, more than double the rate at this point last year.
Report released Thursday shows the housing market continues to face headwinds.
Median existing-home price also rose, the 126th consecutive month of year-over-year increases.
Economist: First-time homebuyers finding the door to homeownership 'closed for the season.'
Second consecutive increase followed a dip in August.
Increases were much smaller than the previous week.
The GSE's single-family business reported a second quarter 2022 CRT issuance of approximately $6.5 billion.
Weekly increase continues up-and-down trend of summer.