Home interest rates in the US are soaring

Home interest rates in the US are soaring

The rapidly rising housing interest rates in the US have overturned expectations of rapid reductions in the US key interest rate. During the last week, the average interest rate for 30-year-olds shot
American mortgages soared and reached 7.06 percent.

Home interest rates in the US are soaring

This marked increase indicates a challenging period for the housing market and could have negative consequences for borrowers, especially those who had hoped for lower interest rates.

 

Source: bolagskontaktab