Mortgage rates in the US have reached their highest level in a year. 58% last week. This increase may impact prospective homebuyers in Odessa, as higher mortgage rates can add to borrowing costs.

Further details on the current mortgage rates and their effects on the housing market are available from the source. For those interested in learning more about the current state of mortgage rates and how they may affect local home sales, additional information can be found through the Odessa American.