✉news BusinessFinance first seen 10 h ago, last 5 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
Average US mortgage rates have reached 7.58%, approaching their highest level in three years. The rise adds fresh pressure on homebuyers already struggling with affordability, and is drawing attention from economists and prospective buyers weighing whether to wait for rates to ease or enter the market now.
Why now: Soaring borrowing costs directly affect housing affordability and are fueling debate over the outlook for the property market.
United Statesmortgage marketFederal Reserve
Rank over time, top of the chart is #1. 4 snapshots from 10 h ago to 5 h ago.
Evidence
- Mortgage rates hit 7.58%, approaching 3-year high · Yahoo Finance
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