US mortgage rates surged to highest level in 21 years

Name: US mortgage rates surged to highest level in 21 years
Uploaded: 2023-08-17T16:57:00-0700
Duration: 2 min 27 s
Description: The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 5.13%.

The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 5.13%.