Shocking 30 Year Mortgage Rate Tops 7% as Buyers Adapt
The 30 year mortgage rate reached 7.03% on Sept. 24, pushing buyers toward ARMs, builder incentives, and smarter lender comparisons.
The 30 year mortgage rate reached 7.03% on Sept. 24, pushing buyers toward ARMs, builder incentives, and smarter lender comparisons.
Mortgage rates are climbing, impacting homebuyers and pushing them towards riskier loans. Learn how this affects the housing market.