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Mortgage Rates Soaring Towards 23-Year Highs

Thread starter tsptalk
Start date Aug 14, 2023

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tsptalk

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Aug 14, 2023

Bond Market Carnage Sends Mortgage Rates Soaring Towards 23-Year Highs

On Friday, August 11, 2023, mortgage rates jumped to 7.19 percent and approach the October 20, 2022 high of 7.37 percent as noted by Mortgage News Daily.

The 7.37 percent rate was the highest since October of 2000, nearly 23 years ago.

https://www.zerohedge.com/economics...-mortgage-rates-soaring-towards-23-year-highs

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