The average interest rate of US housing loans has risen to more than 6%since 2008

According to data released on September 14, local time, the average interest rate of US housing loans has risen to more than 6%since September 14, local time.

The rising mortgage loan interest rate is putting more and more pressure on the US real estate industry.According to MBA, the market comprehensive index that measures the number of mortgage applications decreased by 1.2%from a week ago and a decrease of 64.0%from a year ago.In July, the sales of new houses plummeted to the lowest point in 6 and a half years, and the number of housing resale and unique houses was also at the lowest point in the past two years.

According to an analysis of American economists, the Fed is expected to continue to actively increase the cost of borrowing to curb high inflation.According to the consumer price index announced on the 13th local time, the inflation rate in the United States has risen in August, which can almost determine that the Fed will continue to raise interest rates at 75 basis points at the policy meeting next week.The entire real estate industry in the United States is expected to continue to be affected by higher interest rates.

Source: CCTV News

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