US 30-year mortgage rates exceed 7% threshold
US 30-year mortgage rates have reached an average of 7.03%, according to Freddie Mac.
Published 2h2 sources✓ ConfirmedImportant
Lire en français
≈ 18s
7.03 %
US 30-year mortgage rates have reached an average of 7.03%, according to Freddie Mac
The fact
This increase, driven by rising bond yields and oil prices, worsens the housing affordability crisis.
The trend adds pressure ahead of the upcoming presidential elections.
2 sources — click a link to read an article on the topic:
Why it matters
Cette hausse des taux renchérit le coût des emprunts pour les ménages américains, réduisant leur pouvoir d’achat immobilier et freinant le marché de la construction, un secteur clé de l’économie.