Rising Prices and Another Mortgage Rate Hike Catch Homebuyers on the Chin

June 27, 2022

Madison (Wisconsin) Leader Gazette, June 26, 2022–Raymond Hicks
The interest rate on America’s most popular home loan continued to climb this week and is now at a nearly 14-year high, new data shows. The increase on the 30-year fixed-rate mortgage wasn’t as steep as last week when it spiked more than half a percentage point–but with home prices still surging, every rate hike hurts. (MBA mention)
https://wmleader.com/general-other/497110/rising-prices-and-another-mortgage-rate-hike-catch-homebuyers-on-the-chin/