March 2022

Mortgage Rates Surge to 4.42%, Highest Since January 2019

  • Borrowing costs track latest jump in 10-year Treasury yields

  • Freddie Mac economist sees mounting pressure on homebuyers

Mortgage rates in the U.S continued their rapid rise, reaching a level not seen in more than three years.

The average for a 30-year loan was 4.42%, up from 4.16% last week and the highest since January 2019, Freddie Mac said in a statement Continue Reading.......