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Mortgage Rates Rise to 6.7%, Highest Since 2007

Summary by Ground News
Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before, according to Freddie Mac. That’s the highest level since July 2007.

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Bias Distribution

  • 45% of the sources lean Left, 45% of the sources are Center
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Reuters broke the news in United Kingdom on Thursday, September 29, 2022.
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