Last week, US mortgage interest rates surpassed 7% for the first time in a month, while mortgage applications for home purchases recorded the biggest drop since mid-February. Contract interest rates for 30-year fixed-rate mortgages rose 10 basis points to 7.01% in the week ending April 5, according to data released by the Mortgage Bankers Association (MBA) on Wednesday. High interest rates weighed on the home purchase mortgage application index, causing it to drop 4.7% to its lowest level in a month.
美国抵押贷款利率再次突破7% 令购房需求减弱
US mortgage interest rates once again surpassed 7%, weakening demand for home buyers
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