Bruce Erickson

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Over fifteen years of real estate experience in Minneapolis ans surrounding communities.

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The 30-year Fixed-Rate Mortgage Increased This Week

September 23, 2022 by nimdaerickson


September 22, 2022
The housing market continues to face headwinds as mortgage rates increase again this week, following the 10-year Treasury yield’s jump to its highest level since 2011. Impacted by higher rates, house prices are softening, and home sales have decreased. However, the number of homes for sale remains well below normal levels.Freddie Mac Mortgage Rates

Filed Under: Interest Rates

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