Tuesday, 27 October 2026 Updated 6 min ago
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Mortgage rates above 7% are the 'new normal'—here's why

High inflation and competition for investor dollars are helping keep longer-term interest rates elevated, economists say.

CNBC reports: High inflation and competition for investor dollars are helping keep longer-term interest rates elevated, economists say.

This business story centres on the United States.

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Location
United States · Americas
Reported by
CNBC
First reported
Section
Business

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