
September 29, 2023
Mortgage Rates Today, Sept. 29, 2023: Rates Hit a 23-Year High
U.S. mortgage rates climbed to their highest point in nearly 23 years this week as inflation pressures persisted. Mortgage rates have been on the rise in anticipation of the Federal Reserve’s “higher for longer” stance. This refers to the central bank’s indication that it may need to maintain an elevated federal funds rate for an … Continued