Business

Mortgage rates continue to climb, reach highest level since 2000

By Zach Halaschak
Published August 21, 2023 8:36pm ET
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Mortgage rates continue to climb, reach highest level since 2000
Mortgage rates are pushing even higher this week and are now clocking in at their highest level since the turn of the century. As of Monday, the average rate on a 30-year, fixed-rate mortgage had soared to 7.48%, more than double the average before the Federal Reserve started raising interest rates, according to Mortgage News […]


Mortgage rates are pushing even higher this week and are now clocking in at their highest level since the turn of the century.

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Federal Reserve Housing Interest Rates Jerome Powell