Why Your Mortgage Rate Just Went Up

Heads up if you’re house hunting or thinking about refinancing: mortgage rates just ticked up to around 6.7%. Why? The job market is still strong, so lenders aren’t in a rush to lower rates. If you’re waiting for a big drop, you might be waiting a while—unless the economy slows down. For now, shop around and use online calculators to see how different rates could impact your monthly payment. Every little bit helps! #mortgagerates #homebuying #personalfinance #refinance #moneytips #RealEstate