Mortgage rates hit 5%, ushering in new economic uncertainty

Apr 14, 2022 |

Mortgage rates swelled above 5% for the first time in more than a decade – an unexpectedly rapid ascent that has begun to temper the U.S. housing boom and could usher new uncertainty into an economy dogged by soaring inflation. The 30-year fixed-rate mortgage, the most popular home loan product, hit the threshold just five […more]

Posted in: San Francisco

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