Long-term mortgage rates in the US hit a two-decade high ...Middle East

Quartz - Economy
Long-term mortgage rates in the US hit a two-decade high
There’s more bad news for potential homebuyers in the US, who’re already challenged by a dearth of available homes. The cost of borrowing is shooting up to decade highs. The average 30-year US mortgage rate climbed this week to its highest level in more than two decades, mortgage buyer Freddie Mac said yesterday (Aug.…Read more...

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