In late March, 30-year mortgage rates experienced their largest 3-month increase since May 1987 – up 1.56 percentage points since the end of 2021. A recent chart shared on twitter by Len Kiefer, Deputy Chief Economist at Freddie Mac, who helps “people understand the economy, housing, and mortgage markets” illustrates these increases going back to 1987.
Trending
- Office Vacancy Rate Rises Above 20%
- RentCafe’s MidYear Rental Activity Report ’24
- CoreLogic Says Annual Rental Price Growth Rate at Highest Rate of 2024
- Generational Perspectives
- Existing Home Sales Drop 5.4% in June
- Home Insurance Premiums Are Surging and States Are Allowing It
- Foreclosure Activity in First Half of 2024 Sees Decline from 2023
- Back to School Sales Tax Holidays 2024