housing · Thursday, October 1
U.S. 30-Year Mortgage Rate Climbs to 7.28%
The average long-term mortgage rate is at its highest level in nearly three years.
The average U.S. 30-year fixed mortgage rate has risen to 7.28%, according to Freddie Mac. That is up from 6.34% a year ago. The benchmark rate reached its highest level in nearly three years, affecting home financing costs across the country, including for Spokane-area buyers and homeowners considering a new mortgage.
Source: PBS NewsHour ↗
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