The gap between new mortgage rates (7.1%) and the average outstanding (3.8%) is the highest since the 1980s. Interest rates impact mortgage rates.
Fed’s Powell: Interest Rate Hike ‘Unlikely’
by | May 13, 2024 | Uncategorized | 0 comments
The gap between new mortgage rates (7.1%) and the average outstanding (3.8%) is the highest since the 1980s. Interest rates impact mortgage rates.