The Iverson Group

REALTOR®

The Iverson Realty Group
MENUMENU
  • Home
  • Testimonials
  • Our Listings
  • Patti’s List
  • Meet The Team
  • Contact

Mortgage Rates Rise for the Sixth Consecutive Week

September 29, 2022 by Al and Patti Iverson

September 29, 2022
The uncertainty and volatility in financial markets is heavily impacting mortgage rates. Our survey indicates that the range of weekly rate quotes for the 30-year fixed-rate mortgage has more than doubled over the last year. This means that for the typical mortgage amount, a borrower who locked-in at the higher end of the range would pay several hundred dollars more than a borrower who locked-in at the lower end of the range. The large dispersion in rates means it has become even more important for homebuyers to shop around with different lenders.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Area Links
Stay in touch!

Email us with any questions you have or just to say hello.

The Iverson Realty Group

Coldwell Banker Realty
17305 Cedar Ave S, Ste 100
Lakeville, MN 55044

Realtor & Housing

Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.



Powered by WordPress | © MSLLC

Copyright © 2023 · Genesis Child on Genesis Framework · WordPress · Log in