The average U.S. 30-year fixed-rate mortgage rose to a three-month high this week as the war in the Middle East rekindled inflation fears. Higher mortgage rates impair the Trump administration's effort to make housing more affordable by raising borrowing costs and likely cooling demand in the housing market.
The average U.S. 30-year fixed-rate mortgage rose to a three-month high this week as the war in the Middle East rekindled inflation fears. Higher mortgage rates impair the Trump administration's effort to make housing more affordable by raising borrowing costs and likely cooling demand in the housing market.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30
