Mortgage Rates Surge Again | Anchorage News

Mortgage rates just hit a 12-month high at 6.55%, adding hundreds to monthly payments and making home buying tougher than ever. Tied to Fed policy and inflation signals — like surging oil prices — these rates follow bond yields upward. After a brief reprieve below 6%, affordability is back in the spotlight, with pending home sales and purchase applications dropping as buyers pause. Even cooling consumer prices won’t soon ease the squeeze — rates must fall for relief to arrive. 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/0496ac00b2800860