Thursday, June 16, 2022

Mortgage Rates Hit 5.78%, Highest Level Since 2008

On top of a tightening labor market and rising inflation, this sure will hurt American consumers and home owners!

With an economic incompetent demented and senile 46th President it can only get worse!

"The surge from 5.23% last week marks the largest weekly increase since 1987."

Mortgage Rates Hit 5.78%, Highest Level Since 2008 - WSJ Fed’s moves to raise rates and wind down its purchases of mortgage-backed securities push up mortgage rates

No comments: