Business

Mortgage rates jump again, rising to a level not seen since early 2020

Mortgage rates increased again, rising to a level not seen since before the pandemic.

Posted Updated

By
Anna Bahney
, CNN Business
CNN — Mortgage rates increased again, rising to a level not seen since before the pandemic.

The 30-year fixed-rate mortgage averaged 3.69% in the week ending February 10, up from 3.55% the week before, according to Freddie Mac. It's the highest since January 2020.

The-CNN-Wire™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

Copyright 2024 by Cable News Network, Inc., a Time Warner Company. All rights reserved.