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Average U.S. 30-Year Mortgage Rate Surges to 6.32 Percent
Despite better news of lower inflation and more jobs, rising rates are exacerbating unaffordability in the housing market.
Average US 30-year mortgage rate surges to 6.32%, adding pressure to buyers facing high home prices
The average rate on a 30-year mortgage in the U.S. surged to 6.32% this week, adding pressure on home buyers facing sky-high prices and a limited supply of houses for sale.