Mortgage Rates Surge Past 7%, Hitting Highest Point Since May
Mortgage rates have climbed to 7.09%, the highest since May, adding pressure on homebuyers facing high prices and limited inventory. Mortgage Rates Surge Past 7%, Hitting Highest Point Since May City: Washington, D.C.: So, the interest rate for 30-year mortgages just hit an eight-month high. It’s now at 7.09%, which is the highest we’ve seen…