Atlanta, USA (CNN) – The home loan interest rate in America has jumped more than 6%, reaching its highest level since 2008.
The home loan interest rate this week hit 6.02%, up from 5.89% last week, according to Freddie Mac.
Interest on home loans increased by a large percentage from 2.86% last year.
Interest rates started this year at a rate of 3.22%, but increased significantly in the first half of the current year, reaching nearly 6% in June, but concerns about the economic situation have since and the US Federal Reserve’s task of fighting inflation has increased Pay interest for the flight.
Interest rates fell in July and early August after recession fears eased, but comments from Federal Reserve Director Jerome Boyle and recent economic data have refocused investors’ attention on inflation management. of the Fed and pushed rates higher.
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