House mortgage with application, house toy, keys, glasses, coffee on wooden banker desk background top view
December 30, 2019
Between 2014 and 2021, the 30-year fixed mortgage interest rate dropped from 4.17% to 2.96%, its lowest level in 50 years. However, by 2023, rates surged to 6.81%, driven by tighter monetary policies and broader economic factors. (Credit: 9dreamstudio | Dreamstime.com)
