Average long-term US mortgage rates inch up to 6.48%

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The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that had given prospective homebuyers a glimmer of hope.

FILE - A new housing development is shown in Middlesex Township, Pa., on Oct 12, 2022. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates.

WASHINGTON —

Source: Loan Digest (loandigest.net)

 

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Oh ffs.

That SUCKS😠😠😠

The worst is yet to come. The government keeps printing money and inflation keeps spiraling up.

At every turn they are increasing the gap between the rich and poor.

You mean investing firms.

Congrats Fed. Everyone is homeless now.

Housing bust coming.

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