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The numbers: Mortgage rates inched toward 7% as strength in the U.S. economy prompted investors to expect another rate hike by the Federal Reserve.
The 30-year fixed-rate mortgage averaged 6.79% as of June 1, according to data released by Freddie Mac on Thursday.
That was up 22 basis points from the previous week — one basis point is equal…
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This article was written by Follow Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of...
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This article was written by Follow Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight...
