US Mortgage Rates Rise Above 7%, Slowing Financing Activity and Average American Mortgage Payments Surge 96% in Four Years
===============	
#4f691011 ver:0.94

US mortgage rates rise above 7%, slowing financing activity and causing average American mortgage payments to surge 96% in four years. Despite the increase, the US economy remains resilient, with job openings increasing. However, first-time homebuyers face challenges, and relief on mortgage rates is crucial for the housing market's recovery. The Federal Reserve's influence on rates and the possibility of a rate cut are factors to watch. Mortgage demand slipped last week, and rates are expected to decrease modestly in H2. The average mortgage payment in America has surged by 96% in the last four years, making it harder for homebuyers. #mortgagerates #housingmarket #economy...

#newstr #MortgageRates #FinancingActivity #UsEconomy #HousingMarket #AmericanMortgagePayments #Zillow #Homebuyers #DownPayment #InterestRates #HomeInsurance 

 https://here.news/story/4f691011?ver=0.94