Mortgage rates rise to highest level in nine months

by amyc

The average 30-year fixed rate rose to 6.53% this week from 6.51%, while the 15-year fixed rate increased to 5.66% from 5.65%, according to Freddie Mac. Rising borrowing costs continue putting pressure on affordability and monthly payment calculations for buyers heading into summer.

Categories

Recent Posts

NAR Backs Contractor Classification Changes
NAR Backs Contractor Classification Changes
Online listings shape buyer first impressions
Online listings shape buyer first impressions
Florida’s office market isn’t just one story
Florida’s office market isn’t just one story
Real Estate Q&A: Can HOA Regulate Street Parking?
Real Estate Q&A: Can HOA Regulate Street Parking?
Two Forms Can Protect Backup Offers
Two Forms Can Protect Backup Offers
New Appraisal Standards Could Change Transactions
New Appraisal Standards Could Change Transactions
No Contemplated Interest When Appraised
No Contemplated Interest When Appraised
Survey finds lifestyle buyers remain active, but more cautious
Survey finds lifestyle buyers remain active, but more cautious
Consumers cut back spending, but housing interest holds up
Consumers cut back spending, but housing interest holds up

Share on Social Media

Michael Jackson, PLLC

Michael Jackson, PLLC

REALTOR® | License ID: SL3568184

+1(407) 230-5678

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Michael Jackson, PLLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.