The 30-year Fixed-Rate Mortgage Increased This Week

September 22, 2022
The housing market continues to face headwinds as mortgage rates increase again this week, following the 10-year Treasury yield’s jump to its highest level since 2011. Impacted by higher rates, house prices are softening, and home sales have decreased. However, the number of homes for sale remains well below normal levels.Freddie Mac Mortgage Rates