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✉news BusinessReal Estate first seen 22 h ago, last 4 h ago, peak #7

US mortgage rates hit nearly three-year high at 7.28%

Original: Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28%

The average long-term US mortgage rate has risen to 7.28%, its highest level in nearly three years, according to widely reported figures carried by ABC News and regional outlets. The climb adds to affordability pressures for American homebuyers and homeowners weighing refinancing. The rate movement is drawing attention as housing costs remain a central concern for consumers and the broader economy.

Why now: Rising borrowing costs directly affect homebuyers, homeowners and the housing market, making the rate milestone newsworthy.

United StatesFreddie MacABC News

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Rank over time, top of the chart is #1. 11 snapshots from 22 h ago to 4 h ago.

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