Tag Archives: Fed rate hike

Mortgage rates in the US – 5% barrier continues to be smashed

Read more: Mortgage applications continue to fall as interest rates hit 5% “Mortgage rates increased for the seventh consecutive week, as Treasury yields continued to rise,” said Freddie Mac chief economist Sam Khater. “While springtime is typically the busiest homebuying season, the upswing in rates has caused some volatility in demand. It continues to be […]