housing · Thursday, September 24
U.S. mortgage rates climb above 7%
Rates hit their highest level since May 2024, pushing more buyers toward adjustable options.
mortgage rates have risen above 7%, the first time since May 2024. The increase is changing how people buy homes. According to the Mortgage Bankers Association, more buyers are now looking for adjustable-rate mortgages to manage their payments.
Source: CBS News U.S. ↗
Original reporting
Summarized from the reporting above. Read it for the full story.
From 4Spokane News
Never miss a customer call again
An AI receptionist that answers your business calls around the clock, so no lead goes to voicemail.
See how it works →From PhoneMachine
More this week
Get briefs like this by email