4 ms·
Q1: because 7% is roughly the current rate for a 30 year mortgage right now. https://www.bankrate.com/mortgages/mortgage-rates/ https://www.bankrate.com/mortgag
by advisedwang 4y ago
Q1: because 7% is roughly the current rate for a 30 year mortgage right now. https://www.bankrate.com/mortgages/mortgage-rates/ https://www.bankrate.com/mortgages/mortgage-rates/
Q2: Anyone you see who is buying a house right now is paying that rate.
- logifail 4y agoErrm, fixed != floating. Who is fixing at 7% for 30 years?
- advisedwang 4y agoPer the source I quoted "For today, Monday, March 06, 2023, the current average interest rate for the benchmark 30-year *fixed* mortgage is 7.08%"