Mortgage Rates Rise to 6.77%, Highest in a Year, Driven by Bond Market Fears of Inflation & the Ballooning Debt | Wolf StreetBuobe IA context · why it matters Mortgage rates hit 6.77%, highest in a year — Homebuyers face increased monthly payments. Inflation-adjusted mortgage rates are still relatively low — This suggests affordability remains an issue for potential buyers. Fique de olho The ongoing high rates could continue to suppress housing market activity and impact real estate investments. Published bywolfstreet.comon •1 min readThe average 30-year fixed mortgage rate rose to 6.77% today, the highest in a year, and a hair above the highs earlier in July and May, and up by nearly 80 basis points from the February low, per the daily measure by Mortgage News Daily.Federal ReserveFunctional Functional Always activeFunctionalPreferences PreferencesPreferencesLearn moreShareLegalReport
