MORTGAGE RATES HIT ONE-YEAR HIGH US mortgage rates climbed to 6.55%, their highest level in nearly a year, as renewed Middle East tensions fueled inflation fears. Higher borrowing costs are cooling demand, with home sales falling and many first-time buyers priced out. Wealthier buyers continue to
US mortgage rates hit a one-year high of 6.55% due to inflation fears from Middle East tensions, cooling home sales but pushing median prices to a record.
Here’s a tighter version under 70 words: MORTGAGE RATES HIT ONE-YEAR HIGH US mortgage rates climbed to 6.55%, their highest level in nearly a year, as renewed Middle East tensions fueled inflation fears. Higher borrowing costs are cooling demand, with home sales falling and many first-time buyers
MORTGAGE RATES HIT ONE-YEAR HIGH US mortgage rates climbed to 6.55%, their highest level in nearly a year, as renewed Middle East tensions fueled inflation fears. Higher borrowing costs are cooling demand, with home sales falling and many first-time buyers priced out. Wealthier buyers continue to
MORTGAGE RATES HIT ONE-YEAR HIGH US mortgage rates climbed to 6.55%, their highest level in nearly a year, as renewed Middle East tensions fueled inflation fears. Higher borrowing costs are cooling demand, with home sales falling and many first-time buyers priced out. Wealthier buyers continue to
BREAKING: The average interest rate on a US 30-year fixed mortgage rises to 6.55%, the highest since August 2025. As the Iran War continues, interest rates are hitting new one-year highs.
BREAKING: The average U.S. 30-year fixed mortgage rate has hit 6.55%, per Bloomberg.