Mortgage rates in the United States rose last week to their highest level since August 2025. The rate hike is putting a damper on the housing market in the world's largest economy.
BusinessThe interest rates on American mortgages rose to 7.09 percent last week, according to industry statistics from the Mortgage Bankers Association. This is the highest level since May 2024 and means an increase in mortgage interest rates in the USA of 1 percentage unit since September last year.
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