Thursday, February 2, 2023
HomeBusinessUS mortgage rates hit 14-year high as inflation soars

US mortgage rates hit 14-year high as inflation soars


“Rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding 6% for the first time since late 2008,” said Sam Khater, chief economist at Freddie Mac, the government-sponsored mortgage firm that released the interest rate data.



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