The average rate on 30-year fixed mortgages stands at about 6.4% presently, up from levels of just about 3.1% at the beginning of 2022, making financing home purchases more expensive.
What Does 2023 Hold For The U.S. Housing Market?
The average rate on 30-year fixed mortgages stands at about 6.4% presently, up from levels of just about 3.1% at the beginning of 2022, making financing home purchases more expensive.
