HOME MORTGAGE RATES ALMOST TRIPPLES
Mortgage rates top 7% for first time since April 2002 Mortgage rates surpassed 7% for the first time since April 2002, adding more reason for price-struck homebuyers to stay on the sidelines. The rate on the average 30-year fixed mortgage hit 7.08%, up from 6.94% the week prior, according to Freddie Mac. Rates have jumped 3.86 percentage points since the […More]