Do you recall April 2002, when mortgage rates were last 7%?
Do you recall April 2002, when mortgage rates were last 7%?
“Memory Lane” takes a stroll through financial history because the economy has a funny habit of repeating itself.
Buzz: Mortgage rates just passed 7%, a first since April 2002, as the Federal Reserve continues to wage war on sky-high inflation.
Source: The average 30-year fixed-rate mortgage comes from a weekly survey of lenders by Freddie Mac.Mortgage rates soar past 7%, first time in two…
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