Source: Reuters (via feed)
The average rate on the U.S. 30-year fixed-rate mortgage rose to a three-month high this week. The increase occurred as war in the Middle East raised inflation fears. This rise affects efforts to make housing more affordable under the Trump administration.
BizTrendWire Insight:
The rise in the 30-year fixed mortgage rate reflects changes in the economic environment. It is relevant to ongoing housing affordability initiatives.
The rise in the 30-year fixed mortgage rate reflects changes in the economic environment. It is relevant to ongoing housing affordability initiatives.
