Mortgage Rates Up Again!!!

Mortgage Loan Officer calculating numbers on a white board for mortgage rates and loan approval

Mortgage Rates Up Again!

2 years ago when I sold my house and moved, the rates available in the fall of 2021, were hovering just below 3%. I don't know that has been accomplished, other than killing the Real Estate market, with these continued rate hikes. Anyone and everyone that purchased or refinanced their mortgage, during or pre-covid, are now stuck in their homes. Who wants to trade sub 3% for rates over more than double at 7%+. 

Read the article by Alex Viega with the AP:

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