Author: Edmund DeMarche (Edmund DeMarche)

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MORTGAGES IN U.S. HIT HIGHEST LEVEL SINCE THE 2008 FINANCIAL CRISIS
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MORTGAGES IN U.S. HIT HIGHEST LEVEL SINCE THE 2008 FINANCIAL CRISIS

The average mortgage rate on a 30-year fixed mortgage hit 6.7 percent, according to a survey released Thursday by the mortgage giant Freddie Mac. “The uncertainty and volatility in financial markets is heavily impacting mortgage rates,” a statement read.  “Our survey indicates that the range of weekly rate quotes for the 30-year fixed-rate mortgage has...

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