By Finance Pulse in FMCC —

Freddie Mac: 30-Year Mortgage Rates Reach 6.85%, Highest Since July

Freddie Mac reveals a jump in 30-year mortgage rates to 6.85%, the highest since July, signaling a potential cooling in the housing market.

A visually striking graph showing the upward trend of mortgage rates, with a backdrop of a suburban
Freddie Mac: 30-Year Mortgage Rates Reach 6.85%, Highest Since July

Freddie Mac reported the increase in the average rate on a 30-year mortgage to 6.85%.

Source