30-Year Mortgage Rates Spikes to Two-Decades High as Fed Fights to Lower Inflation
The affordability of funding new houses is expected to strain the already heavily taxed small businesses and individuals. At current 30-year mortgage rates of about 7.72 percent, it would cost a borrower about $1,429 every month to service a $200,000 housing plan, thus putting the total interest on the mortgage at
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