Mark Behlen

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Mortgage Rates Decrease from Last Week While Remaining Above Seven Percent

September 7, 2023 by Mark Behlen

September 7, 2023
For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above seven percent. The economy remains buoyant, which is encouraging for consumers. Though while inflation has decelerated, firmer economic data have put upward pressure on mortgage rates which, in the face of affordability challenges, are straining potential homebuyers.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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    • Townhomes For Sale
    • Search
    • Market Trends
      • Closing Chart
      • Pending Chart
      • Supply Chart
      • Inventory Chart
      • DOM Chart
      • DOM Residential by Price Chart
      • DOM TH Chart
      • DOM TH by City Chart
      • DOM TH by Metro-City Chart
      • DOM Metro Chart
      • DOM Metro Chart All
    • Resources
      • Sellers
      • Buyers
    • Contact
    • Logan
    • Brookside