✉news BusinessFinance first seen 5 h ago, last 1 h ago, peak #17
US mortgage rates climb to 7.58%, nearing three-year high
Original: Mortgage rates hit 7.58%, approaching 3-year high
Mortgage rates have reached 7.58%, approaching their highest level in about three years, according to Yahoo Finance. The rise adds to affordability pressures for homebuyers already facing high house prices, and is drawing attention from prospective buyers, homeowners weighing refinancing, and housing market watchers concerned about the impact on demand.
Why now: Borrowers and housing market watchers are reacting to rates nearing a three-year peak and what it means for affordability.
Yahoo FinanceUS housing marketmortgage lenders
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
- Mortgage rates hit 7.58%, approaching 3-year high · Yahoo Finance
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