Mortgage Rates Surpass Seven Percent | January 16, 2024

Niecie Draper
Published on January 16, 2025

Mortgage Rates Surpass Seven Percent | January 16, 2024

📈🏡 Mortgage Rates Surpass Seven Percent | January 16, 2024

Mortgage rates ticked up for the fifth consecutive week and crossed seven percent for the first time since May of 2024. The underlying strength of the economy is contributing to this increase in rates. Despite rising rates, Freddie Mac research highlights that consumers can save money if they shop for several different lender quotes.
☎#callniecie to find out how the increase in rates can affect your home search

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