BUSINESSTribLIVE·15h ago

Struggling U.S. homebuyers, and market, face new hurdles as mortgage rates climb to nearly 7%

AI TLDR · GEMINI

Mortgage rates in the United States have climbed to nearly 7%, creating new hurdles for struggling homebuyers. Prospective shoppers may face a long wait for rate relief as the housing market continues to face pressure.

Home shoppers holding out for relief from rising mortgage rates may be in for a long wait.

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Struggling U.S. homebuyers, and market, face new hurdles as mortgage rates climb to nearly 7%

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