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5.9

US mortgage rates hit 8-month high; applications drop 4.1%

US mortgage rates reached their highest level since May 2025, driven by rising energy prices, elevated inflation, and monetary policy concerns. Mortgage applications fell 4.1% as borrowing costs climb, signaling renewed pressure on housing demand and consumer affordability.

Anadolu Agency ENabout 21 hours agoUSengCredibility 57%View source

Score Breakdown

Mosaic Score5.9
Confidence0.7
Significance0.5
Source credibility0.6

Intelligence Tags

#mortgage-rates#housing#inflation#monetary-policy#consumer-demand

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