Mortgage rates surpass 7%, Freddie Mac says — 'leading to greater stagnation in the housing market’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The 30-year fixed-rate mortgage averaged at the highest level since 2002, according to data released by Freddie Mac.

High mortgage rates continue to pressure the housing market, as the sector undergoes a deep slow down after two years of blockbuster growth.

The 30-year broke 7% for the first time since April 2002, Sam Khater, chief economist at Freddie Mac, said in a statement, “leading to greater stagnation in the housing market.”

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Build Back Better POTUS I’d like to but I can’t afford to. BidenInflation BidenEconomy BidenGasHike I’m done paying for my children’s student loans so I am ready to pay for someone else’s. Can I have some more please?

Thank you democrats! Next plateau is 9%…

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT

Portugal Últimas Notícias, Portugal Manchetes