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Published 1 hour ago

Mortgage Rates Near 7% as Fed Rate Hike Talk Shakes US Homebuilders

Mortgage Rates Near 7% as Fed Rate Hike Talk Shakes US Homebuilders
D Goug · pexels

US mortgage rates are rapidly closing in on the 7% threshold, triggered by a Federal Reserve official floating the possibility of an additional interest rate hike. This sudden shift in monetary policy expectations has injected fresh volatility into the…