“U.S. mortgage interest rates top 6% for first time since 2008″
September 14, 2022
“…The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now more than double the level it was one year ago, Mortgage Bankers Association (MBA) data showed on Wednesday…
The MBA also said its Market Composite Index, a measure of mortgage loan application volume, declined 1.2% from a week earlier and is now down 64.0% from one year ago. Its Refinance Index fell 4.2% from the prior week and was down 83.3% compared to one year ago…”
https://finance.yahoo.com/news/u-mortgage-interest-rates-top-110607295.html