Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

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Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

https://abcnews.go.com/Business/wireStory/average-long-term-us-mortgage-rate-hits-highest-102345726

The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years

Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.