Mortgage Rates Surge a Quarter-Point to 6.29%

U.S. News & World Report, Sept. 26, 2022–Erika Giovanetti
Mortgage rates surged higher yet again this week on the heels of the Federal Reserve’s latest rate hike, according to Freddie Mac. The average interest rate on a 30-year fixed mortgage is now 6.29%, smashing last week’s 14-year record high by more than a quarter-point. (MBA mention)