Why are US Mortgage Rates Hitting a 6-month High?

Why are mortgage rates so high? The United States mortgage rates are skyrocketing! In the past six months, the average for a 30-year fixed loan has gone up to 2.97%, up from 2.81% last week and the highest since August 2020. The Freddie Mac report, which was released on Thursday, showed that the US’s mortgage rates … Read more