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Surging mortgage rates hit 23-year high

(NEW YORK) -- The 30-year fixed mortgage rate this week climbed to 8%, reaching that level for the first time since 2000, according to Mortgage News Daily.The milestone arrives after months of rate increases. As recently as last April, the 30-year fixed mortgage rate stood... Read More.

Mortgage rates surge to 21-year high

(NEW YORK) -- Mortgage rates have climbed to their highest levels in 21 years, according to data released by Freddie Mac on Thursday.The 30-year fixed-rate mortgage averaged 7.09% over the week ending on Thursday, marking a significant increase from 6.96% the week prior, the... Read More.

Mortgage rates soar as Federal Reserve raises rates

(NEW YORK) -- This week, mortgage rates in the United States reached a 16-year high in response to rising interest rates.Back in September, President Joe Biden told a reporter that the "pandemic is over." While doctors and infectious disease specialists debated whether this was... Read More.