WGAN Question of the Day (All)

Mortgage Rates Hit 6.02% - How will this affect you?

Hi All,

The WGAN Forum Question of the Day for Thursday, 15 September 2022:

Mortgage Rates Hit 6.02% - How will this affect you?

Best,

Dan

According to The New York Times today (Thursday, 15 September 2022)

The average rate on a 30-year fixed-rate mortgage was 6.02 percent as of Thursday [15 September 2022], Freddie Mac reported, up from 5.89 percent the week before. The average rate for an identical loan was 2.86 percent the same week in 2021.

Source: The New York Times