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Mortgage rates surpass 7% in blow to housing market

Mortgage rates in the United States have surpassed 7% for the first time in nearly two years, as the housing market continues to reel from the ongoing Iran war. The average 30-year mortgage rate rose from 6.3% to 7.03% in the span of a year

Republican Ledger staff · 1:35 PM ET

Mortgage rates surpass 7% in blow to housing market
The Republican Ledger

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Mortgage rates in the United States have surpassed 7% for the first time in nearly two years, as the housing market continues to reel from the ongoing Iran war. The average 30-year mortgage rate rose from 6.3% to 7.03% in the span of a year, mortgage-loan company Freddie Mac said Thursday.

The new data marks […]

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