
Mortgage Rates Jump to 7.28% as Higher Borrowing Costs Reshape Housing Decisions
Mortgage rates climb to 7.28%, raising borrowing costs and reshaping affordability, buyer demand, and housing decisions across the U.S.
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Mortgage rates climb to 7.28%, raising borrowing costs and reshaping affordability, buyer demand, and housing decisions across the U.S.

Mortgage rates moved higher again this week, with the average 30-year fixed-rate mortgage reaching 6.71%, according to Freddie Mac, marking the highest level for the benchmark since the middle of the previous year.