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Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers’ borrowing costs
The average 30-year fixed mortgage rate in the US has risen to 6.49%, up from 6.43% last week. This increase raises borrowing costs for homebuyers and reduces purchasing power, leaving many sidelined amid economic uncertainty.
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The average 30-year fixed mortgage rate in the US has risen to 6.49%, up from 6.43% last week. This increase raises borrowing costs for homebuyers and reduces purchasing power, leaving many sidelined amid economic uncertainty.
Full story and more reels: https://newsreel.video #news #breaking #mortgage #housingmarket #finance
Originally reported by AP News.
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