Money Monday: Mortgage Rates Still At A 22-Year High

Financial Expert Paul Hood with Hood CPAs joined News On 6 at 4 to talk about mortgage rates and what causes them to stay high.

Monday, September 25th 2023, 4:58 pm

By: News On 6


While the Federal Reserve decided not to increase interest rates last week, mortgage rates are still near a 22-year high. As of last week, the average 30-year fixed mortgage rate has been above 7 percent for five straight weeks.

Financial Expert Paul Hood with Hood CPAs is here to explain what this means for the average family.


logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!

More Like This

September 25th, 2023

December 9th, 2024

November 27th, 2024

October 28th, 2024

Top Headlines

December 11th, 2024

December 11th, 2024

December 11th, 2024

December 11th, 2024