Mortgage Rates Increase to Highest Rate Since November 2008

Fox Business, June 28, 2022–Kelsey Ramirez
The average 30-year fixed-rate mortgage increased to 5.81% for the week ending June 23, according to Freddie Mac’s Primary Mortgage Market Survey. This is up from the week prior when it averaged 5.78%, and up from 3.02% last year.