finance
U.S. 30-Year Fixed Mortgage Rate Reaches 6.75 Percent
The average rate on a 30-year fixed mortgage rose to 6.75 percent on Tuesday. The increase marks the highest level since July 2025 according to Mortgage News Daily.
May 20, 7:13 AM·1m read1 source
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U.S. 75 percent on Tuesday, according to data from Mortgage News Daily. This level is the highest recorded since July 2025. The rate stood below 6 percent before the Iran war and has risen 33 basis points in the past 10 days.
00 percent soon. The account cited inflation as the reason for the projected increase. The same post noted that monthly payments on a median-priced $420,000 home have risen by roughly $167 compared with earlier levels. 75 percent figure.
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