US 30-year mortgage rates climbs to 6.46%, highest in nearly 7 months; homebuyers face fresh cost pressure

The average long-term US mortgage rate has climbed for the fifth consecutive week, reaching its highest level in nearly seven months and adding to affordability challenges for homebuyers during the crucial spring housing season, according to AP.The benchmark 30-year fixed mortgage rate rose to 6.46% from 6.38% last week, mortgage buyer Freddie Mac said. A…

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US stock markets today (April 2, 2026): Wall Street slides as oil tops $110 after Trump vows escalation; Dow falls 545 points, S&P 500 down 1.1%

US stock markets declined sharply on Thursday, while oil prices surged, after President Donald Trump vowed to continue military action against Iran and did not provide a clear timeline for de-escalation of the conflict in the Middle East, according to AP.The S&P 500 fell 1.1%, with nearly three out of every four stocks in the…

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