Mortgage Rates Soar to 6.71% – What Are You Thinking?

Mortgage rates have shot up to a staggering 6.71%! What are you, an idiot sandwich? This is the highest it’s been in over a year! Homebuyers, get ready for some serious heat — borrowing costs are sizzling! The 30-year fixed mortgage is still the main course, but with these rates, it’s like serving raw chicken! Demand will cool, and first-time buyers better watch out!