U.S. mortgage rates are at their highest in more than seven years. The average rate for a 30-year fixed mortgage climbed to 4.72 percent this week from 4.65 percent last week, Bloomberg reported, citing figures from Freddie Mac. That means homeowners and borrowers are seeing the highest rates since April 2011. This is the fifth straight week that mortgages have risen in the U.S. The 30-year average stood at 3.83 percent a year ago. The […]
source https://therealdeal.com/2018/09/27/homeowners-see-highest-mortgage-rates-in-7-years/
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