Average long-term mortgage rate jumps to new 2023 high
The average long-term U.S. mortgage rate jumped this week to its highest level since November, more grim news for a housing market that’s been in decline for a year. Mortgage buyer Freddie Mac reported today that the average on the benchmark 30-year rate rose to 6.5% from 6.32% last week. The…
#freddiemac #federalreserve #jeromepowell #treasury #nar
