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Rising Mortgage Rates and the Bottom Line

Innovative Portfolios EditorAugust 13, 2023Perspectives30-year mortgage rate, contract interest rate at origination for mortgages outstanding, economy, fixed-rate mortgages, home inventory levels, home price inflation, homeowner equity, mortgage interest rates, mortgage lock-in, national average mortgage rate, planning, refinance mortgage rates, residential inventory unit level, rising interest rates, S&P/Case-Shiller U.S. National Home Price Index

The national average mortgage rate has been climbing all year, from 6.42% at year-end to 7.19% as of 9/21/2023...