Skip to content
The Odessa

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%
Photo: Odessa American (oaoa.com) · view original

By ALEX VEIGA AP Business Writer Home shoppers holding out for relief from rising mortgage rates may be in for a long wait. The weekly average rate on a 30-year fixed-rate home loan has been rising for months and reached its highest level in over 14 months last week at 6.76%, according to mortgag...

Sources and story details