US 30‑year mortgage rate rises to 7.12%, two‑year high
Published
AI-generated summary of the coverage listed below: The 30‑year mortgage rate climbed to 7.12%, the highest level in two years. Higher borrowing costs are leading home buyers to look at floating‑rate options as refinancing and purchase applications fall.
Covered by 1 outlet across the spectrum: 0% left, 100% center, 0% right.
Who is covering this story
- Center (1): The Hindu BusinessLine
Sources
- US 30-year mortgage rate hits two-year high at 7.12% — The Hindu BusinessLine (center, AI-estimated)