Sub Banner Image

US 30-Year Mortgage Rate Just Shy of 7% Weighs on Home Purchases

Markets

Vince Golle

·

January 8, 2025

·

Bloomberg

US mortgage rates edged up to just shy of 7% at the turn of year and a gauge of home-purchase applications tumbled to the lowest level since February, adding to evidence of a struggling housing market.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.