Mortgage rates inch closer to 7% in the midst of a strong economy
Positive economic indicators were enough for the 30-year fixed-rate mortgage to rise again to 6.32% as of Feb. 16, up 20 basis points compared to the previous week.
Positive economic indicators were enough for the 30-year fixed-rate mortgage to rise again to 6.32% as of Feb. 16, up 20 basis points compared to the previous week.
The mortgage rate for 30-year fixed loans declined to 6.33% this week, down 15 basis points compared to the previous week.