Dossier
US home sales
Coverage of US home sales in the Nexus archive.
- Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
The average 30-year U.S. mortgage rate rose to 6.58%, the highest level in nearly a year, driven by rising oil prices and economic inflation concerns. Freddie Mac reported a three-week upward trend in rates, impacting homebuyers' purchasing power and contributing to sluggish U.S. home sales.