10/01/2023
Mortgage rates have been on the rise in recent months, reaching the highest level in over two decades. This is due to a number of factors, including inflation, the Federal Reserve's interest rate hikes, and the global economic uncertainty. As of October 1,v2023, the average interest rate for a 30-year fixed-rate mortgage is 7.77%, according to Bankrate. This is up from 6.95% at the beginning of the year....
Mortgage rates have been on the rise in recent months, reaching the highest level in over two decades. This is due to a number of factors, including inflation, the Federal Reserve’s interest …