Mortgage Rates Climb Again | Little Rock News

Mortgage rates just ticked up to 6.66%, nearing this year’s peak — a seemingly small shift that adds hundreds of dollars monthly for homebuyers and slashes purchasing power. Driven by rising Treasury yields, inflation fears fueled by Middle East tensions and soaring oil prices, and the lingering effects of post-pandemic rate hikes, the housing market remains sluggish, hitting a 30-year low last year and continuing its slide into July. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/00756e83776dc18b