Mortgage rates have just surpassed 7% for the first time in well over a year

The average 30-year fixed-rate mortgage leaped to 7.03% on Thursday, according to the Federal Home Loan Mortgage Corp., which also goes by Freddie Mac.

Mortgage rates have just surpassed 7% for the first time in well over a year

The average 30-year fixed-rate mortgage leaped to 7.03% on Thursday, according to the Federal Home Loan Mortgage Corp., which also goes by Freddie Mac.

This story was originally published by NPR. Use the link below to read the full article at the source.

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