Bank of America warns mortgage rate changes could have major housing market impact

thestreet.com/real-estate/bank-of-america-warns-mortgage-rate-changes-could-have-major-housing-market-impact

When inflation surged in 2022, mortgage rates rose in tandem, doubling from 3% to above 7% over a few months.
Although mortgage rates hovering between 6% and 7% may seem astronomical compared to Covid-era rates, they are in line with historical averages dating back to the 1970s.…

This story appeared on thestreet.com, 2025-08-22 12:07:00.
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