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Another Housing Market Obstacle Just Got Steeper. Mortgage Rates Near One-Year High.

Market Obstacle
International Business Times Fews App News Provider
Fews App Post Time ha 11d

The average interest rate for a 30-year fixed-rate mortgage increased to 6. 65% last week, the highest level since August 2025. Mario Tama/Getty Images Mortgage rates have climbed to their highest level in nearly a year, cooling homebuyer demand at a time when elevated home prices and a shortage of affordable listings continue to weigh on the U.

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