Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wagesUS mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing market that has endured years of high interest rates and low supply.The increase comes after the US …
US mortgage rates top 7% for first time in 20 months
Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wagesUS mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing market that has endured years of high interest rates and low supply.The increase comes after the US …
Originally reported by The Guardian Business
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