Typical mortgage payment soared $337 in just six weeks as interest rates nearly hit 7%
The average American homeowner saw their monthly mortgage payment increase by 15% or $337, according to a shocking new report from Redfin. The report goes on to say that the mortgage rate hike of around 7% is the highest since July 2007, shortly before the crash that triggered the Great Recession. This causes potential buyers …
Typical mortgage payment soared $337 in just six weeks as interest rates nearly hit 7% Read More »