Mortgage Rates Near 7% Again, Even With Scarce Housing Stock, Says Freddie Mac
By: Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. A week after the Federal Reserve resumed its rate hikes, mortgage rates followed suit, according to the latest Freddie Mac survey. As of August 3, the current average rate for 30-year, fixed-rate mortgages…