Average 30-year mortgage rates in the U.S. have climbed to 7.4% this week, marking their highest level since November 2023. This increase signals continued pressure on the housing market and potential implications for consumer affordability.

US 30-Year Mortgage Rates Reach 7.4%, Highest Since November 2023
Mortgage RatesHousing MarketInterest RatesMacroeconomicsConsumer SpendingReal Estate