US mortgage interest rates are rising for the fourth week in a row and are approaching the 7% level. The rise in interest rates follows fresh economic data showing the strength of the economy, Yahoo Finance reported.
The average 30-year mortgage rate this week was 6.93%, according to Freddie Mac, a company that helps middle-income Americans buy homes. A week earlier it was 6.91%.
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In America, mortgage interest rates are approaching 7%, which is the highest since the 2007 crisis, according to Bloomberg.
U.S. mortgage rates continued their downward trend, with the average 30-year fixed rate at 6.46 percent, up from 6.49 percent last week, Freddie Mac said in a statement Thursday.
US mortgage rates fell to their lowest level in over a year.
Having just celebrated its first year of operation, the 7,000-square-meter NET Sports Hall has quickly gained popularity among the residents of South Estonia, offering various opportunities mainly for net and ball sports.
Source: www.aripaev.ee