Mortgage Rates Surge to Six Point Six Six | Kansas City News

Mortgage rates just hit 6.66% — the highest of the year — as inflation and global conflicts push prices up, chilling buyer enthusiasm and sparking a wave of for-sale signs. While some markets remain active, first-time buyers are stretching farther from city centers to find affordable homes. Experts warn that if rates keep climbing, the housing market could face a serious crisis — with September’s Federal Reserve decision looming as a pivotal moment. 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/a943185bb7577352