Mortgage Rates Drop For First Time In 6 Weeks—But Housing Market Downturn Could Last Several Years, Wells Fargo Warns |
| October 07, 2022 | October 2022 Bond Updates |
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Rates have climbed so much that the average monthly mortgage payment has climbed by $840, or 56%, over the past year alone. |
| View more at: https://www.forbes.com/sites/jonathanponciano/2022/10/06/mortgage-rates-drop-for-first-time-in-6-weeks-but-housing-market-downturn-could-last-several-years-wells-fargo-warns/ |
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