AssetID: 52951129
Headline: Mortgage Rates Reach Over 7%
Caption: In early August, the 30-year mortgage rate soared to 7.09%, according to the Mortgage Bankers Association. Historic data from Freddie Mac indicates that's been the highest rate since 2002. Rates aren't expected to decrease in the near future, CBS News reports.
Keywords: Mortgage,Rates,Reach,Rate,Mortgage Bankers Association,Historic,Date,Freddie Mac,Highest,Housing Market,Market,Housing,House,Buying,Buyers,Federal Reserve
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