Home-buyers currently have challenges, and rising rates on mortgages have sparked concerns that they could stall some sales if the buyers already faced financial constraints right after the 30-year fixed-rate mortgage hit its highest level in more than a year last week. See details here
Rates on mortgages Sky rocket Post Election
November 26, 2016 by
Interest rates surged following the election of Donald Trump last Tuesday. The common 30-year fixed-rate mortgage rose to 3.95% last week, up from 3.77% the week prior, the Mortgage Bankers Association reported Wednesday. See details here
