Rates Continue to Rise, Initial Claims For Unemployment at Lowest Level Since 1969
Mortgage rates increased three basis points last week according to the Freddie Mac Primary Mortgage Market Survey as of July 23rd. This puts the 30-year fixed rate at an 11-month high. Rates have been pushed higher by inflation and unrest in the Middle East. While inflation slowed to an annual pace of 3.5% in June, […]
