Mortgage rates have hit a 22-year high, and have more than doubled since President Joe Biden took office. The average rate on a 30-year fixed home loan rose to 7.51 percent on Monday, up 0.12 percent ...
U.S. interest rates look too high, relative to inflation. A compelling argument can be made that U.S. interest rates are higher than they “should” be relative to inflation. The implication of that ...
Compared to the pandemic-era record lows observed just a few years ago, mortgage rates feel uncomfortably high. But when someone points out that mortgages are still painfully expensive right now, a ...
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