By Craig Erwin, Ph.D. The average mortgage rate just topped 4% for the first time since 2019. Rates were only 3.22% when 2022 started. The Federal Reserve (the U.S. central bank) is highly likely to push short term interest rates higher. A 1% rise in interest rates results in a roughly $100 higher house payment, … Continue reading Interest Rates Jumped, But They Are Still Low