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 US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat? READ MORE Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Nasdaq and S&P 500 Continue to Climb, Celebrating Stellar February READ MORE Hot US jobs report tempers Fed rate cut outlook READ MORE Inflation, Growth, and Labor Data Heat Up, But Wall Street Stays Skeptical READ MORE Add a Comment Cancel replyYour email address will not be published.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