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"Mortgage Rates Leap Toward 4.0%, Highest Since October 2019"

"Mortgage Rates Leap Toward 4.0%, Highest Since October 2019"

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Feb 04, 2022
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
"Mortgage Rates Leap Toward 4.0%, Highest Since October 2019"
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With the strong employment report for January, interest rates have increased.

Mortgage News Daily reports that the most prevalent 30-year fixed rate is now at 3.85% for top tier scenarios. Matthew Graham at Mortgage News Daily wrote today: Mortgage Rates Leap Toward 4.0%, Highest Since October 2019

If we disregard the once-in-a-lifetime volatility seen i…

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