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Mortgage Rate Sharply Higher After Inflation Data
U.S. mortgage rates reversed a four-week decline after new inflation data, with the 30-year fixed rate climbing to 7.20% according to Wall Street Journal coverage.
3 trends tracked about this subject — the full history, oldest to newest below.
U.S. mortgage rates reversed a four-week decline after new inflation data, with the 30-year fixed rate climbing to 7.20% according to Wall Street Journal coverage.
US 30‑year mortgage rates surged to 7.49%, the highest level since 2023, sparking buyer caution and rate‑lock advice.
US mortgage rates have climbed to their highest level since the beginning of the war with Iran, putting pressure on home buyers and refinance seekers.