Buyers and sellers be aware: Mortgage rates at highest level since 2001 (video)
This week will surely go in the books for mortgages, as the average interest rate on a typical 30-year mortgage surpassed 7% this week, which is the highest level since 2001. The Mortgage Bankers Association said that mortgage rates rose from 6.94% last week to 7.16% this week. From 6.09% last week, The average rate … Read more