U.S. average 30-year mortgage rates rose to 7.61%, marking 8 straight days above 7.50%—one of the highest sustained stretches of this cycle. A year ago, the rate was 6.34%; the spread over the 10-year Treasury stands at 229 basis points.
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U.S. average 30-year mortgage rates rose to 7.61%, marking 8 straight days above 7.50%—one of the highest sustained stretches of this cycle. A year ago, the rate was 6.34%; the spread over the 10-year Treasury stands at 229 basis points.
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