Do you recall April 2002, when mortgage rates were last 7%?
October 27, 2022, 11:15 am
The San Bernardino Sun
Buzz: Mortgage rates just passed 7%, a first since April 2002, as the Federal Reserve continues to wage war on sky-high inflation. Source: The average 30-year fixed-rate mortgage comes from a weekly survey of lenders by Freddie Mac.