Mortgage Rates Top 7% As Housing Market Slumps - WSJ The Wall Street JournalU.S. Mortgage Rates Jump Above 7% for the First Time This Year The New York TimesMortgage rates surpass 7% while home prices show no signs of declining Yahoo FinanceStubbornly high US inflation grew stronger than expected in March CNNSluggish start for spring homebuying season as home sales fall in March with mortgage rates rising The Associated Press
The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another possibility: a slight chance of a quarter-point rate hike by June.