House interest rates in the United States reach 7.09%, the highest level since 2002
The average rate exceeded 7% in the country, reaching the highest level since April 2002. The average fixed interest rate on new 30- year mortgages stood at 7.09% last week, compared to 6.96% the week before, according to data from the Federal Home Loan Mortgage Corporation, quoted by Bloomberg. The trend is related to the US Federal Reserve's strategy of…
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