U.S. Mortgage Rates Exceed 7%, the Highest of Trump’s Presidency
2 Articles
2 Articles
The rate of fixed rate mortgages to 30 years was on average 7.03 percent this Thursday, while in the same period last year it was 6.30 percent. This is the highest average level since January 16 last year, just a few days before Trump returned to the White House, according to data from mortgage giant Freddie Mac. This fact affects the image of Republicans in the face of the mid-term legislative elections in November, in which Trump may lose cont…
Mortgage Rates Hit 7% as Voters Bail on Republicans
Polling data in recent months has shifted dramatically toward Democrats, particularly on the all-important issue of the economy. And as The New York Times reports, the economic news keeps getting worse: Mortgage rates jumped to 7 percent this week for the first time since January 2025, squeezing housing affordability when many Americans are grappling with […]
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