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U.S. average long-term mortgage rate rises to 6.26%, marking third straight increase due to inflation and Fed policy.
The average U.S. long-term mortgage rate climbed to 6.26% this week, marking the third consecutive increase, according to data from Freddie Mac.
This rise reflects ongoing volatility in the housing market amid persistent inflation and Federal Reserve monetary policy decisions.
Higher borrowing costs continue to impact home affordability for potential buyers.
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La tasa hipotecaria promedio a largo plazo de EE.UU. sube a 6.26%, marcando el tercer aumento consecutivo debido a la inflación y la política de la Fed.