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    • Mortgage rates top 7% — again

      AOL· 1 day ago

      The average 30-year fixed mortgage rate climbed past 7% this week, hitting 7.03% from 6.94% a week prior, according to Freddie Mac. Rates began to rise after Federal Reserve officials said last ...

    • Persistent high rates mean no escape from the debt squeeze

      Crain's Cleveland Business· 13 hours ago

      Record low borrowing costs helped drive one of the world’s biggest housing booms. Many of the businesses acquired by PE firms were in the consumer sector, an industry whose customers have been hit hard by inflation.