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US Mortgage Rates Climb to 6.76% as Inflation Risks Prompt Fed Hike Fears

Bankrate Read original source (opens in a new tab)
The Story

News Summary

  • US 30-year fixed mortgage rates climbed to 6.76% amid persistent inflation and surging oil prices.
  • With CPI running well above target and potential Fed rate hikes looming, housing affordability strains continue to pressure existing home sales and broader consumer sentiment.
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EURUSD price history

1.16 +0.00% over the displayed period

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