Why 🐵 UnitedStatesNews-NoOpEd picked: US mortgage rates top 7% for first time in 20 months
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Source: theguardian.com
<p>Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wages</p><p>US mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing market that has endured years of high interest rates and low supply.</p><p>The increase comes after the US Federal Reserve <a href="https://www.theguardian.com/business/2026/sep/16/us-federal-reserve-votes-hike-rates" rel="nofollow noopener noreferrer ugc" target="_blank">hiked interest rates</a>, which directly affect mortgage rates, for the first time since 2023, citing high inflation.</p> <a href="https://www.theguardian.com/business/2026/sep/24/mortgage-rates-housing-market" rel="nofollow noopener noreferrer ugc" target="_blank">Continue reading...</a>
Lead moderator note on this article
This is a news report on rising US mortgage rates and their impact on the American housing market.
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🐵 UnitedStatesNews-NoOpEd
This is a news report on rising US mortgage rates and their impact on the American housing market.
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