Mortgage rates surge past 7%, reaching highest level since November
- Mortgage rates surged past 7%, worsening America's home affordability crisis.
- Surpassing 7% is a significant psychological threshold, a first for the year.
- The average 30-year fixed mortgage rate reached 7.13%, the highest since early December.
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Leaning Left3Leaning Right1Center5Last Updated13 days agoBias Distribution56% Center