In the US, the average mortgage rate for the first time since 2008...

added blog Brokerage and Mortgaging

2022-10-12 13:09:00 -

In the US, the average mortgage rate for the first time since 2008 exceeded 6%

The number of applications for mortgage loans fell by 64% compared to last year. In the US, the average mortgage rate for the first time since 2008 exceeded 6%, Reuters reports, citing data from the Association of Mortgage Banks. At the end of July 2022, the US Federal Reserve System (FRS) raised the interest rate by 75 basis points, to 2.25-2.5% per annum. Such an increase in mortgage rates...

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