Share of mortgages with rates above 6 percent reaches 10-year high

The HillTuesday, September 30, 2025 at 1:19:20 PM
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Share of mortgages with rates above 6 percent reaches 10-year high
The share of homeowners with mortgages at rates above 6% has reached a 10-year high, with nearly 1 in 5 now facing this burden. This trend is significant as it reflects the rising costs of borrowing, which can strain household budgets and impact the housing market overall.
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