Category: Home Mortgage Rates
Posted on November 7, 2022
Mortgage Rates Slip After Fed Hike, But What’s Next?
Mortgage rates this week dipped slightly below 7%, even after the Federal Reserve aggressively raised its benchmark interest rate again to tame inflation. The 30-year fixed-rate mortgage averaged 6.95% this week after hitting a 20-year high of 7.08% …