Mortgage Rates Hover Above 7%: What Homebuyers and Refinancers Need to Know Amid Market Volatility
WASHINGTON — For prospective homebuyers and current homeowners hoping for relief in the housing market, the latest figures bring discouraging news. The average interest rate on a standard 30-year fixed-rate mortgage has climbed to 7.25% APR, according to housing data provided to analysts by Zillow. This latest uptick marks a notable increase of 11 basis…
