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Mortgage rates cross the four point half mark amid rising inflation, highest since 2018

Mar. 31, 2022 10:18 AM ETREM, TOL, PHM, NVR, DHI, LEN, XHB, REZ, BLD, HOMZBy: SA News Team17 Comments

Empty 4 wooden block for adding work or icon, rent or sell concept for housing property. goal or planning concept

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  • Led by rapidly rising inflation as well as the prospect of strong demand for goods and ongoing supply disruptions, 30-year fixed-rate mortgage averaged 4.67% with an average 0.8 point for the week ending Mar. 31, 2022, up from last week when

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