EconomyMore US homeowners now face mortgage rates above 6%
Mortgage rates dropped below 3% in the pandemic’s early years, prompting many homeowners to refinance and cut their monthly payments. By late last year, homeowners with rates above 6% outnumbered those with rates below 3% for the first time since the pandemic began.
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CNN★★☆☆☆2026-09-05 22:01Original
More US homeowners now face mortgage rates above 6%