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re: 30-year fixed-rate mortgages reach 7.15%
Posted on 10/19/22 at 9:42 am to KAGTASTIC
Posted on 10/19/22 at 9:42 am to KAGTASTIC
quote:
Not sure who you quoted for the above response
Not a quote its a fact
quote:
but wondering something...what rate are mortgage providers paying now compared to a year/6 months ago?
Rates have doubled from a year ago. Maybe 1% more from 6mnths ago with the inflation report caused rates to spike. Rates dropped big over the summer when the fed hiked rates .75. Then 2 big inflation reports caused then to spike again
Oct report is going to be the one to look at
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