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News@lemmy.world · 1 year ago

Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

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Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

MicroWave@lemmy.world to

News@lemmy.world · 1 year ago

The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

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1 year ago
Small part? My city is getting richer and richer while rents are exploding all the while my block is dying because zoning laws won’t let any of it be changed.

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