
Mortgage Rates Climb Again, Impacting Homebuyers
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Mortgage rates have risen again, with the average thirty-year fixed rate now at 6.46% and fifteen-year fixed at 5.77%. These rates are expected to remain around 6% through 2026, according to economists. The increase is due to geopolitical tensions, which are also affecting the housing market. If youre considering a home purchase or refinance, weigh the pros and cons of fixed vs. adjustable rates and shop around for the best deal before rates climb further.
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