The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year.
A surging economy has complicated the Fed's fight to cool price increases.
For the first time in nearly two decades, mortgage interest rates hit 8%, a rate so high that it's locking some would-be homebuyers our of the housing market.
A year ago, the 30-year fixed-rate was 6.94%.
Here's what the new federal rules could mean for homeowners and those looking to buy a home in New Jersey.
In some cases, people with better credit scores may pay more in fees, while those with lower credit scores will pay less.