US Mortgage Rates Hit 6.97%, Highest Since July

US mortgage rates surge to 6.97%, impacting home purchase applications and refinancing. Discover the latest mortgage trends and their effects on the housing market.

An artistic depiction of a rising line graph overlaying a suburban neighborhood with homes, symboliz
US Mortgage Rates Hit 6.97%, Highest Since July

US mortgage rates rose to 6.97%, the highest since July, affecting home purchase applications and refinancing.

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