The average 30-year fixed mortgage rate heads into the weekend at 7.14%—that's a new high for 2023.
Spread: 330 bps pic.twitter.com/1rwwjauNbL
— Lance Lambert (@NewsLambert) May 26, 2023
This year, we've had 8 readings with a 7 mortgage rate handle. Of those 8 readings, 4 came this week.
— Lance Lambert (@NewsLambert) May 26, 2023
h/t Simian_Stacker