Mortgage Rates Continue to Climb in February 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 Crucial Week Ahead: Key Reports to Influence Fed's Rate Policy Decisions READ MORE Japan Sounds the Alarm on Yen's Speculative Tumble Amidst Rising U.S. Inflation READ MORE Is it a golden era for gold? READ MORE Goldman Says Commodities to Gain as Central Banks Cut Rates READ MORE Inflation Is Down but Don't Thank the Fed READ MORE Add a Comment Cancel replyYour email address will not be published.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