30-year fixed-rate mortgage average reaches highest level since 2001

The average interest rate on the most popular U.S. home loan has reached its highest level in more than two decades. Danielle Hale, chief economist for realtor.com, discussed how concerned Americans should be, how housing prices are affected and the potential impact of the Federal Reserve's expected interest rate hike next week on the housing market.

#news #mortgagerates #housingmarket

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