According to Freddie Mac, the average on the fixed-rate 30-year mortgage was 3.45% in the week ending January 13, an increase of 23 basis points from the previous week.
That’s the benchmark’s peak since touching 3.5% in March 2020.
-
The Rise of Digital Mortgages in Lending: How Tech Innovations are Reshaping the Market Explore the rise of digital mortgages and how technology innovations are transforming the lending market. Learn about AI, blockchain, and digital platforms reshaping the mortgage industry.
Estimated reading time: 0 minutes, 21 seconds
Mortgage Rates Surge to Highest Level Since March 2020
U.S. long-term mortgage rates have logged their second major leap of the year, soaring to their highest since the early days of the pandemic. So reports CNN.
MOST READ STORIES
Fast,Easy & Free
