Benchmark Mortgage Rate Rockets, Nearing 6 Percent

Jun 16, 2022 |

The average rate for a conforming 30-year mortgage rocketed 55 basis points (0.55 percentage points) over the past week to 5.78 percent which is the highest average rate since November of 2008.  As such, the current 30-year rate is now 97 percent higher than at the same time last year with the average rate for […more]

Posted in: San Francisco

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