Jewish News 24 Ā· Jul 16, 2026
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š” *MORTGAGE RATES HIT ONE-YEAR HIGH:* The average U.S. 30-year mortgage rate has climbed to 6.55%, its highest level in nearly a year. The increase is slowing housing demand, with home sales declining and many first-time buyers being priced out of the market. Meanwhile, wealthier buyers continue to support prices, driving the median U.S. home sale price to a new record.
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