Mortgage rates jump, reaching 5.23% - Fox Business

6/9/2022 12:00:00 AM2 years 10 months ago
by Daniella Genovese
by Daniella Genovese
American homeowners continue to feel the pinch as the 30-year fixed-rate mortgage rate rose this week, averaging 5.23% as of Thursday. Rates hadn't exceeded 5% in over a decade.
Average long-term U.S. mortgage rates made a swift jump this week, further squeezing cash-strapped American homeowners. On Thursday, a 30-year fixed-rate mortgage averaged 5.23%, according to Fredd… [+2106 chars]
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