Mortgage rates sail past 7% as market moves into critical spring homebuying season

Mortgage rates sailed past 7%, likely dampening homebuying appetite during the market’s critical spring homebuying season, according to Freddie Mac. The average 30-year fixed-rate mortgage was 7.10% for the week ending April 18, according to Freddie Mac’s latest Primary Mortgage Market Survey.…#freddiemac #homebuyers #afederalreserve #samkhater #fanniemae #florida #vermont #fema #nationalriskindex (Source: Reuters: Health)