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U.S. housing market
Trends
- 1US Mortgage Rates Climb Above 7% as Inflation Persists●“Rising Housing Costs”: U.S. Mortgage Rates Top 7% as Inflation Pressure Keeps Treasury Yields Elevated
United States mortgage rates have risen above 7%, driven by persistent inflation that keeps Treasury yields elevated. The increase adds to already high housing costs, raising affordability concerns for homebuyers and renewing debate over how long interest rates will stay elevated and what that means for the housing market.