US 30-year mortgage rate climbs to 6.66%, highest in a year
Why it matters: Higher borrowing costs are squeezing buyers as home sales stay sluggish and Fed rate cuts look less likely.
Bloomberg, PBS NewsHour +2
Why it matters: Higher borrowing costs are squeezing buyers as home sales stay sluggish and Fed rate cuts look less likely.
What's next: Pulte can serve temporarily without Senate confirmation while keeping his housing finance post.