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AmextaFinance > Finance > Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession
Finance

Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession

News Room
Last updated: 2023/08/16 at 11:55 AM
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With mortgage rates firmly above 7%, homeownership has become much more expensive. But will rates go even higher?

Three experts told MarketWatch that if the economy continues to show signs of strength, and the U.S. Federal Reserve hikes its benchmark interest rate once again, rates could go up to 8%. 

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News Room August 16, 2023 August 16, 2023
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