BUSINESSAnchorage Daily News·14h ago
Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%
AI TLDR · GEMINI
Average U.S. mortgage rates have climbed above 7% for the first time since January 2025, marking the fifth consecutive week of increases.
The housing market has been stuck in a rut this year in large part because of rising borrowing costs.
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