Page 12 - Editorial Note News Today

Rent does not automatically affect credit scores, but you can use a rent reporting service to build credit.

Editorial Note: Part 314 of a series of further development in the early days that impacted Franklin County. (Sources: History of Mink Creek, compiled by Viola Larsen and Coralie Morrow;

Mortgage rates are low today after the closure of Silicon Valley Bank. Rates had previously been rising in anticipation of more hikes from the Fed.

Mortgage rates have been increasing and are up again today. Inflation is slowing, but not as quickly as many expected, which has pushed rates up.

Mortgage rates remain elevated today. As rates have risen, affordability has shrunk again, pushing many homebuyers back out of the market.

Average 30-year mortgage interest rates have been hovering in the 6% to 7% range. Rates are expected to drop somewhat later in 2023.

Mortgage rates are slightly lower today than where they started the week. Rates have been increasing as the Fed continues to try to tame inflation.

Mortgage rates are flat today following steady increases over the past few weeks. Rates have increased more than 50 basis points since last month.

Mortgage rates are still elevated today after increasing over the past few weeks. As rates have risen, getting a mortgage has become more expensive.

Mortgage rates are relatively high today compared to the lows we saw in January. Until inflation slows, rates will likely remain elevated.