Mortgage rates surpass 7% for first time in 2 years amid inflation, Iran war
The 30-year fixed rate mortgage in the U.S. has gone over 7% for the first time since May 2024. CBS News business contributor Javier David breaks down what's driving the spike.
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7 reports over 1 day-
CBS News You're reading this Mortgage rates surpass 7% for first time in 2 years amid inflation, Iran war Bearish −22
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NPR Business Mortgage rates have just surpassed 7% for the first time in well over a year Strong bearish −42
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New York Post Business Mortgage rates top 7% for first time since January 2025 in blow to homebuyers Strong bearish −46
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Market Watch 8% mortgage rates are 'not an impossibility' as the 30-year fixed rate surges Neutral −13
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