Mortgage Rates Inch Closer to 7% in the Midst of a Strong Economy

HousingWire, Feb. 16, 2023–Flávia Furlan Nunes
Economic data indicating that the U.S. economy has remained resilient despite the Federal Reserve‘s tightening monetary policy led to a substantial increase in mortgage rates last week. Does this mean mortgage rates are close to reaching the 7% level again? (MBA mention)