“The housing market may have to go through a correction,” Freddy Mac says: Mortgage rates were 6.29%

Numbers: Mortgage rates in the US continue to rise, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates came on the heels of the Federal Reserve raising interest rates again to tackle the worst inflation the economy has faced in 40 years. The average 30-year mortgage rate was 6.29% as …

“The housing market may have to go through a correction,” Freddy Mac says: Mortgage rates were 6.29% Read More »