BUSINESSPhiladelphia Inquirer·2h ago
Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28%
AI TLDR · GEMINI
The average long-term U.S. mortgage rate has risen to 7.28%, marking its highest level in nearly three years.
Higher mortgage rates can add hundreds of dollars a month to borrowers’ costs, limiting homebuyers’ purchasing power.
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