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.
In some cases, people with better credit scores may pay more in fees, while those with lower credit scores will pay less.
Inflation Frustration and today's move by the fed to raise interest rates for the seventh time this year.
Another Federal Reserve interest rate hike today, increasing three-quarters of a percentage point.
Inflation in 2022 is driving up higher mortgage rates in a housing market with low inventory, and also causing rents to rise.