Weekly Mortgage Rates Drop to 6.99%, but Don’t Exhale Just Yet

Although mortgage rates are hovering around 7%, an upcoming Fed hike could send them up.

# Weekly Mortgage Rates Drop to 6.99%, but Don’t Exhale Just Yet Although mortgage rates are hovering around 7%, an upcoming Fed hike could send them up. **Read the full article:** [NerdWallet](https://www.nerdwallet.com/mortgages/news/weekly-mortgage-rates-11-12-26) *This article was originally published by NerdWallet. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*