Mortgage Rates in the US Hit a 21-Year High: How Will it Impact Homebuyers?

Mortgage rates in the United States have reached their highest level since 2002, putting additional strain on buyers already dealing with a tight real estate market and rising prices. According to Freddie Mac, 30-year mortgage rates rose to 7.09% following the Federal Reserve’s interest rate hike. This article will evaluate the consequences of these increasing […]