Mortgage rates climb toward 7% after America's credit rating was downgraded

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Mortgage rates climb toward 7% after America's credit rating was downgraded | CNN Business

https://www.cnn.com/2023/08/03/homes/mortgage-rate-august-3/index.html

US mortgage rates jumped this week, climbing closer to 7%. The move follows last week’s rate hike from the Federal Reserve, and the downgrade this week by Fitch Ratings agency of US sovereign debt, and of Freddie Mac and Fannie Mae.

Mortgage rates climb toward 7% after America's credit rating was downgraded | CNN Business

US mortgage rates jumped this week, climbing closer to 7%. The move follows last week’s rate hike from the Federal Reserve, and the downgrade this week by Fitch Ratings agency of US sovereign debt, and of Freddie Mac and Fannie Mae.