Mortgage rates hit highest level in nearly a year
Mortgage rates have hit their highest level in nearly a year.
Mortgage rates have hit their highest level in nearly a year.
There’s bad news for the housing market.
Freddie Mac and Fannie Mae-backed mortgages are about to get cheaper for some people, but more expensive for others.
The least ideal time to take on new debt is when interest rates are high, but according to a new Federal Reserve Bank of New York report, that’s exactly what Americans are doing.