How Rising Mortgage Interest Rates Are Influencing Home-Buying Decisions
Realty Biz
JANUARY 3, 2023
Anybody who’s thinking about buying a home might be interested in knowing the average mortgage rate. As of January 2023 , the average mortgage rate sits right around 6.59%. That’s more than double the rate that borrowers were getting in early 2021. There are various protections in place for borrowers.
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