US mortgage rates climb to 7.31%, hitting their highest level in nearly 23 years

US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted. The 30-year fixed-rate mortgage averaged 7.31% in the week ending September 28, up from 7.19% the week before, according to data from Freddie Mac released Thursday.

​CNN.com – RSS Channel US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted. The 30-year fixed-rate mortgage averaged 7.31% in the week ending September 28, up from 7.19% the week before, according to data from Freddie Mac released Thursday. 

Read More US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted. The 30-year fixed-rate mortgage averaged 7.31% in the week ending September 28, up from 7.19% the week before, according to data from Freddie Mac released Thursday. 

 

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