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✉news BusinessReal Estate first seen 2 d ago, last 1 d ago, peak #6

US Mortgage Rates Hit Nearly Three-Year High After Seven Weekly Rises

Original: Average long-term US mortgage rate at highest level in nearly 3 years after 7th weekly rise in a row

The average long-term US mortgage rate has climbed to its highest level in nearly three years, following a seventh consecutive weekly increase. The rise is being widely reported across major US news outlets, with coverage focusing on what it means for homebuyers facing higher borrowing costs and an already strained housing market.

Why now: Higher mortgage rates directly affect home affordability, making the news broadly relevant to buyers, homeowners and the housing market.

United StatesFreddie MacUS housing market

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