US Mortgage Rates Rise to Five-Month High of 7.24% =============== #fd4fc180 ver:0.67 US mortgage rates reach 5-month high of 7.24%, impacting applications. Home purchases fall by 1% and refinancing drops by 5.6%. Resale market struggles, while new-home sales rebound. Despite higher rates, it's still a good time to buy with historically low rates and improving economy. Consider a home equity line of credit for lower rates and home improvements. #mortgagerates #housingmarket #homebuying... #newstr #UsMortgageRates #HomepurchaseApplications #HousingMarket https://here.news/story/fd4fc180?ver=0.67