✉news BusinessReal Estate first seen 18 h ago, last 16 h ago, peak #30
US 30-year mortgage rate jumps to nearly 7.3%
Original: 30-year mortgage rate posts biggest jump in four years — to nearly 7.3%
The average 30-year US mortgage rate has surged to nearly 7.3%, marking its biggest weekly jump in four years. The spike raises borrowing costs for homebuyers just as the housing market struggles with affordability, and is likely to renew concerns among prospective buyers and the real estate industry about where rates head next.
Why now: A sharp rise in mortgage rates directly affects home affordability and is worrying buyers and homeowners right now.
30-year mortgage rateUnited Stateshousing marketMarketWatch
Evidence
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