Last week, mortgage rates in the United States reached 7.5% for the first time since November 2000, and homebuyer applications fell to a multi-decade low. In the week ending September 29th, according to Mortgage Market Report, the contract rate on a 30-year fixed mortgage increased by 12 basis points, the most since mid-August, to 7.53%. … Continue reading CWEB News Summarized Business and Stock Newsletter October 4, 2023