Mortgage rates are rising, destroying the well-laid plans of home buyers

Mortgage payments over time (line chart)

Rising mortgage rates threaten to wipe out the home buying season. The average 30-year mortgage rate rose to 6.46%, the highest level since September 2025, Freddie Mac said Thursday. Borrowing costs have risen sharply in recent weeks following the divestment less than 6% in late February. The Iran was there it increases price pressure by … Read more