Mortgage Rates Climb Near 7%, Challenging Home Buyers in LA
Home buyers in the U.S., including Los Angeles, are facing increasing challenges as mortgage rates rise to their highest levels in over a year. The average rate for a 30-year fixed mortgage reached 6.76%, leaving many potential buyers waiting for relief.
Where it's breaking
Local coverage
Mortgage Rates Climb Near 7%, Challenging Home Buyers in LA
Richmond Housing Market Shifts in Favor of Buyers Amid Rising Mortgage Rates
Baltimore Housing Market Shifts in Favor of Buyers Amid Rising Mortgage Rates
Housing Market Shifts Favor Buyers Amid Rising Mortgage Rates
Texas Home Prices Cut as Inventory Rises and Mortgage Rates Climb
Renters Can Boost Credit Scores Amid Rising Mortgage Rates
US Home Buyers Face New Challenges as Mortgage Rates Approach 7%
Sources cited
Original outlets that filed on this story across the contributing metros. Click through for the underlying coverage.
What this is
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