Mortgage rates have changed dramatically since the start of the year. The average rate for a 30-year fixed rate has doubled since sitting around 3% this time a year ago. High inflation is a major cause of rising rates, along with the Federal Reserve’s increases to its own interest rate to quell that high inflation.Continue reading “Current Mortgage Rates, September 29, 2022 | Rates March Closer to 7% in Week After Federal Reserve Hike”
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Lakewood Realty Blog 