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

by | Aug 16, 2023 | Stock Market

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%.  High…

Article Attribution | Read More at Article Source

Share This