Mortgage rates are up again for the fifth straight week. The average long-term rate rose to more than 7% for the first time since January 2025. #mortgage #mortgagerates #homeowner #realestate
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Mortgage rates are up again for the fifth straight week. The average long-term rate rose to more than 7% for the first time since January 2025. #mortgage #mortgagerates #homeowner #realestate
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The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
6:24
The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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For the fourth time this year, the Reserve Bank of Australia (RBA) has lifted the cash rate by 0.25 of a percentage point in a bid to bring inflation under control. While the RBA's decisions are most felt through mortgage repayments, their impact extends well beyond home loans.
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