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Marginal vs. Average Mortgage Rates

Author

Listed:
  • Samuel Jordan-Wood
  • Julian Kozlowski

Abstract

Mortgage rates have risen sharply, but the impact on the typical borrower can be better gauged if one considers the average rate rather than the current rate.

Suggested Citation

  • Samuel Jordan-Wood & Julian Kozlowski, 2023. "Marginal vs. Average Mortgage Rates," On the Economy 96305, Federal Reserve Bank of St. Louis.
  • Handle: RePEc:fip:l00001:96305
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    Keywords

    mortgage rates;

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