Mortgage Rates Continue to Climb in February 📅 Published on: February 22, 2024 Mortgage rates have risen above 7%, reaching a two-month peak and sustaining this level for over a week, indicating a potential shift in home affordability trends. This escalation reflects the highest rates since late November, with the average for a 30-year fixed loan now at 7.16%. The increase is making it even more difficult for many American’s already struggling to afford housing. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Historic Debt Costs Loom: 2025 Debt Interest Costs to Exceed World War II Levels READ MORE Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE American Eagle Gold – A Comprehensive Bullion Guide READ MORE February Sees First Drop in Consumer Confidence Since November, Signaling Economic Unease READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment