Mortgage Rates Top 6%, But Can Homebuyers Get A Bargain Soon?
Mortgage rates passed the 6% mark for the first time in 12 years – and while mortgage applications continue to be in decline, it is possible that homebuyers can get a bargain in two weeks from today. On The Mortgage FrontFreddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.02% as of Sept. 15, up from last week’s 5.89% average – one year ago at this time, the average was 2.86%. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. I...